TaxFilter day continues! In 2014 my mother-in-law made my wife a cosigner on her German bank account. The account is substantial (over €100,000 but under €150,000) and, of course, we need to fill out FinCEN 114 and IRS 8398. The instructions for IRS 8398 only cover "joint" account holders in the context of marriage. How do we approach this? [more inside]
What sort of things should an Australian living in Australia know about owning an investment (e.g., an index fund) in the USA? The investment would be part of a retirement fund that has a low (15%) tax rate in Australia.
I am trying to learn more/understand better my new tax situation as an independent consultant, and was hoping someone could help me with the following questions: 1. How do I compute my Net Earnings From Self-Employment (NESE)? What calculation is used? 2. Since I am excluded from Federal and State tax (my tax domicile is TX) for my foreign-earned income amount (I estimate it would be $87,500 for 2011) - can you break down how I can get the estimated tax payment amount for 2011? [more inside]
I’ve been living in London for the past 6 months, and somehow the US tax deadline escaped my radar until now. Help! [more inside]
[UK-tax-filter]. I'm a resident of UK, though not a national of UK, EU or US. I work and pay taxes in the UK. Is it legal for me to transfer my money to a savings account in another country and hence avoiding the tax on the income from saving accounts? If it is not legal, how would the HMRC ever find out anyway? [more inside]
I would like to know if I took a bank loan in another country and had the money wired to me here in the US, around 160K, if the IRS would tax that amount. I called them and apparently they didn't know because they could not answer the question. I will have to pay back that loan so i would imagine that the amount wouldn't be taxed here (as long as i prove to the IRS that i got the loan).
TaxFilter, specifically Department of Part-time Expatriate Freelance Taxation. A thorn in my side, inside. [more inside]
Foreign Money Tax Filter: This is likely a silly question, but please humor me. Money sat in an interest-friendly account overseas for 20 years, was finally all withdrawn this year.... [more inside]
US citizen living in Canada, didn't file a US return in 2006 for my meager graduate student stipend. Should I file a late 2006 US return now, even though I know I don't owe anything? [more inside]
In the eyes of Mr. US Gov'ment, who am I, with non-citizen parents? [more inside]
How do I find a gay financial planner who is in Manhattan, has inheritance, tax, and foreign country experience, and speaks Spanish?
How do I find a gay financial planner who is in (or accessible to) Manhattan (NYC), has inheritance, tax, and foreign country experience, and speaks Spanish? [more inside]
A question about UK/European tax/duty and shopping abroad... [more inside]