You can claim the Child Tax Credit for each qualifying child who has a Social Security number.
To be a qualifying child for the 2021 tax year, your dependent...
April 18, 2022
Note: Expat children with foreign financial accounts are also required to file FBARs
The purpose of these pages is to inform, share and explain US tax reporting needs as well as banking and legal constraints to US citizens abroad. This is NOT individualized, professional tax, legal or banking advice for your particular situation.
While we make every effort to keep the information here current and accurate, neither FAWCO, nor the authors accept...
Economic Impact Payments (EIP), also known as stimulus payments or recovery rebates, are payments to eligible taxpayers due to the COVID-19 pandemic. There have been two payments issued:
First EIP: eligible taxpayers that filed either 2018 or 2019 returns automatically received their checks of $1,200 per individual plus $500 for each qualifying child around April-June of...
The IRS and Treasury have issued all first and second Economic Impact Payments.
If you didn’t get any Economic Impact Payments or got less than the full amounts, you may qualify for the Recovery Rebate Credit and must file a 2020...
If you are a US citizen or resident alien living outside the United States, even though you may not owe any US tax, you generally are required to file US income tax returns, estate tax returns, and gift tax returns. Some may also be required to file a state or local tax return.
Regardless of...
NOTE: At the end of this article you will also find direct links for general COVID-19 payment information
Citizens of the United States and US resident aliens (such individuals also defined by the Internal Revenue Service (IRS) as US Persons will, in this article regardless of...
