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Tax returns for retired American citizen living abroad
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cherylthomas101
Level 1
05-24-2024
11:38 AM
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I have a client who is an American citizen living abroad . She has no foreign income. Do I just file the normal 1040 or do I need to prepare the returns differently? Thank you
2 Comments 2
George4Tacks
Level 15
05-27-2024
07:34 AM
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File just like you would for your next door neighbor.
Answers are easy. Questions are hard!
TaxGuyBill
Level 15
05-27-2024
11:55 AM
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Just a normal 1040, but what is on the 1040 depends on what you mean by foreign income.
It is possible the other country imposes income tax on the income if it was earned while in the foreign country, even if the income came from the US, in which case the Foreign Tax Credit may apply.
It is possible the taxpayer could qualify for the Foreign Earned Income Exclusion if the taxpayer's "tax home" and "abode" were in the foreign country, even if the income came from the US.
Check if your client is subject to FBAR and FATCA.
