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JK Edwards & Company
American expat working on a laptop on a balcony overlooking terracotta rooftops in Lisbon

Industries · U.S. expats

U.S. Expat Tax Preparation for Americans Living Abroad

Annual U.S. returns, the Foreign Earned Income Exclusion, foreign tax credits, FBAR and FATCA — handled fully online, wherever you live.
American expat working on a laptop in front of a window overlooking a colorful hillside city

Americans abroad

Living abroad doesn’t end your U.S. tax obligations

The United States taxes its citizens and green card holders on their worldwide income, no matter where they live. If your income is above the filing threshold for your filing status and age — generally the same thresholds that apply at home — you still need to file a U.S. return each year, even if you won’t owe anything after exclusions and credits.

Done right, most expats owe little or no U.S. tax. The Foreign Earned Income Exclusion and the Foreign Tax Credit are designed to prevent double taxation, but you have to claim them. There are also separate reporting rules for foreign bank accounts (FBAR) and foreign assets (FATCA) that carry steep penalties if they’re missed. We handle it all remotely — secure uploads, video meetings and e-signatures — in your time zone’s working hours whenever possible.

  • Automatic two-month extension to June 15 for filers living abroad
  • FEIE vs. Foreign Tax Credit comparison every year
  • FBAR and Form 8938 reporting handled with your return

What we handle

Everything Americans abroad need to file

  • Annual U.S. returns

    Form 1040 prepared for your situation abroad.

  • Foreign Earned Income Exclusion

    Bona fide residence or physical presence tests and Form 2555.

  • Foreign Tax Credit

    Credit for taxes paid abroad to avoid double taxation (Form 1116).

  • FBAR (FinCEN 114)

    Required when foreign accounts total more than $10,000 at any point in the year.

  • FATCA Form 8938

    Reporting of specified foreign financial assets above the thresholds.

  • State residency questions

    Whether your former state still expects a return.

Fully remote

How it works from anywhere in the world

  1. 1

    Video consultation

    We meet by Zoom at a time that works in your time zone.

  2. 2

    Secure upload

    Send foreign and U.S. documents through our encrypted portal.

  3. 3

    Review & e-sign

    We prepare your return, FBAR and forms for online review and signature.

FAQ

Expat tax questions

The questions Americans abroad ask us most.
Do I still have to file a U.S. tax return if I live abroad?

Generally, yes. U.S. citizens and green card holders are taxed on worldwide income and must file when their income meets the filing threshold — even if they owe nothing after exclusions and credits.

What is the Foreign Earned Income Exclusion?

The FEIE lets qualifying taxpayers exclude a set amount of foreign earned income each year (adjusted annually for inflation). You must meet the bona fide residence test or the physical presence test — 330 full days abroad in a 12-month period — and claim it on Form 2555.

Should I use the FEIE or the Foreign Tax Credit?

It depends on the tax rate where you live, the type of income you earn and your future plans. In high-tax countries the Foreign Tax Credit often works better; in low-tax countries the exclusion may. We compare both before filing.

What is an FBAR and do I need to file one?

If the combined value of your foreign financial accounts exceeded $10,000 at any time during the year, you generally must file FinCEN Form 114, known as the FBAR. It is filed separately from your tax return, and penalties for missing it can be significant.

What is FATCA Form 8938?

Form 8938 reports specified foreign financial assets with your tax return once they pass certain thresholds. For single filers living abroad, that generally means more than $200,000 on the last day of the year or more than $300,000 at any time during the year.

I’m behind on my U.S. filings. What should I do?

Don’t panic. The IRS offers programs such as the Streamlined Filing Compliance Procedures for taxpayers whose failure to file was non-willful. We review your situation and help you catch up — see IRS problem resolution.

Ready to stop worrying about your numbers?

Book a free consultation with our Hampton team — in person or online, wherever you are.