If you’re planning a move abroad, or you’re already an expatriate, you have more to think about than adjusting to a new culture.
Although it may be tempting, you must not ignore your U.S. taxes. Every U.S. citizen - regardless of whether they are in the U.S. - must file a tax return with the federal government.
The tax situation for expatriates is often complicated and frustrating. Many variables affect how much expatriates pay Uncle Sam - from whether you deduct your foreign taxes to your host country to your employment situation.
To ensure a smooth tax-filing process, you must be well informed. If you take up residence in a foreign country without exploring the tax ramifications, you may find yourself paying more than you expect to the U.S. government or your home state - as well as penalties and interest.
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