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How to Do Tax Returns for People Working Abroad.
A large number of Americans live and at the same time work abroad. Some have been relocated there by their domestic jobs, while others are there to start a business or seek special opportunities. Tax is a common factor for all people working outside the US. It doesn’t matter if you are working outside the USA you have to pay taxes. This article is for anyone who needs information on how to file tax returns for expats.

First, you have to file taxes as long as you are a citizen of the US or a green card holder, even if you don’t live there. As long as you can access the United States and take advantage of the benefits that come with being a legal citizen of the United States, you have to pay taxes. You will need to give up your US citizenship, if you don’t want to pay the taxes.

Did you know you might also be required to pay state taxes? If you don’t want to pay state taxes, look for states that don’t have state taxes. An accountant can help you greatly in ensuring you are meeting your tax obligations.

When it comes to filing tax returns expats have special deadline. Unlike other people who file their taxes by April, for expats because of the complications their deadline is extended to June. However, if you have any taxes that you owe the government for the previous year, you will have to pay by April 15th.

If you are an expat and you choose to not file your taxes, you should be ready for the penalties. If there is money that you owe the IRS and you don’t pay, it will start accruing interest. Some of the consequences of chronic tax delinquency are additional fees, wage garnishment and even jail time.

As an expat, did you know the country you are living in will need your money too? There are several tax collectors for Expats, even with the Tax Equalization programs.

Ensuring you have your taxes in order when working abroad is important for green card and visa holders. Chances of your residency been extended or acquiring citizenship status are high, if the USA immigration department see you have a good tax payment record. Chances of being forced to leave the country, if you don’t pay your taxes are high.

If you don’t know much on how to file taxes for expats, it is advisable you get help from an accountant. The accountants have knowledge in this field, since this is what they do. If you file your own taxes, chances of making mistakes are high. The accountant will charge you a nominal fee to offer you their services.

In conclusion, the information above can be of great help for anyone who has a problem in filing tax returns for expats.