Taxes for Expats

Minimum Filing Requirements for US Federal Tax Return

Do I Need to File a Tax Return?

Factors such as age, disability, filing status and income will determine whether or not the US federal government requires you to file a tax return. The charts below will assist you in determining this. However, not being required to file may not actually be a good reason not to. Later in this article we will discuss the reasons to file a tax return even when it is not required.

Minimum Income Requirements Based on Age and Status

There is not a set minimum income for filing a return. The amount varies according to both filing status and age. The minimum taxable income level for each group is listed in the following chart. If your income falls below what is listed for your age group and marital status, you are not required to file a return.

Age and Status Requirements for Dependents

Being claimed as a dependent on someone else’s taxes changes the rules a bit, and it does not rule out the possibility that you will still be required to file. If you are an adult, working dependent, it is very likely that you will be required to file your own return.

taxes for expats

Special Circumstances

Even if your income bracket is below the minimum listed for your age group and status, you usually must file a Federal Tax Return if you fall into any of the following “special circumstances” categories.

  • If your self-employment earnings totaled $400 or more
  • If you owe tax on a health savings account or a retirement plan
  • If you owe Alternative Minimum Tax
  • If you owe household employment taxes
  • If you earned $108.28 + from a tax-exempt church or church-controlled organization
  • If you received distributions from a Health Savings Account or an MSA
  • If you are required to repay a 2008 Homebuyer Credit (or other recapture tax)
  • If you owe Social Security/Medicare taxes on unreported income (tips)

Why You May Want to File Anyway

Not being required to file may be a bad reason not to do so, especially if you could use a little extra money following the holiday season. Refunds cannot be claimed without filing a return. Here are some reasons why a refund might be due to you:

  • If you qualify for the First-Time Homebuyer Credit
  • If you qualify for the Health Coverage Tax Credit
  • If you have overpaid estimated tax
  • If you qualify for a federal fuel tax credit
  • If taxes were withheld from your pay
  • If you qualify for the Earned Income Tax Credit
  • If you qualify for the American Opportunity Credit
  • If you have children and qualify for the Child Tax Credit
  • If you adopted a child and qualify for the Adoption Tax Credit
  • If you can claim the Credit for Prior Year Minimum Tax

Visit Taxes for Expats for help filing your US tax return. Woman owned. Flat fee.

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Taxes for Expats

Expat Tax Due Dates and Deadlines

Have you estimated this year’s tax? If you live in a low tax country – such as Hong Kong, Dubai or Singapore – you may owe US tax. To avoid penalties and interest, make estimated payments based upon a tax projection.

Taxes for Expats

Have you already missed an important deadline?

Taxes for Ex

Here is what is due next.

Taxes for Expats

And a bit further down the line.

taxes for expats

And further still.

Taxes for Expatriates

 

Visit Taxes for Expats for expert help with your expat tax return. Woman owned. Flat fee.

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Taxes for Expats

7 Reasons to Use Taxes for Expat to prepare your US return

Taxes For Expats Main Advantages

 1. PREPARE US TAX RETURNS FOR YOU NO MATTER WHERE YOU ARE IN THE WORLD

Taxes for Expats

With clients in 190+ countries, we’ve seen it all. READ MORE.

 

 2. CHECK YOUR SELF PREPARED RETURNS FOR ACCURACY/COMPLIANCE

Taxes for Expats

Decided to DIY? We can review your return for you. READ MORE.

 

 3. PERFORM TAX PROJECTIONS

Taxes for Expats

Planning a move abroad? Deciding whether or not to sell property? Life changes bring tax changes – we can prepare a draft return for you to take out the guesswork. READ MORE.

 

Taxes for Expats

 4. FILE AMENDED TAX RETURNS TO GET YOU A REFUND

Taxes for Expats

Need a do-over? We can help. READ MORE.

 

 5. BRING INTO US TAX COMPLIANCE VIA THE STREAMLINED PROCEDURE

Taxes for Expats

Haven’t filed in many years? 3 tax returns + 6 FBARs = No penalties. READ MORE.

 

6. KEEP YOU UPDATED OF IMPORTANT US TAX DEVELOPMENTS AND DEADLINES

Taxes for Expats

Follow our blog to stay abreast of the news flow in the expat tax world. READ MORE.

 

7. SAVE $25 OFF OF THE FEE.

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Ellevest

Make Money Mondag: Self-care 101: Hot Baths, Yoga, Investing.

Create a free investment plan with Ellevest* that crunches the numbers based on the realities of gender-based pay.

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Self-care is whatever you do to take care of your mental, emotional, and physical health. Are you doing that for your future self? Here’s how planning and saving for retirement is more like yoga than you think.  

“We want you to meet Ellevest because Stockholm Expat is super excited to be working with them to start this conversation about women and money, and we will receive compensation if you become an Ellevest client.”  

*Ellevest clients must have a US bank account.

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Make Money Mondag – The Biggest Investing Mistake Women Make

Create a free investment plan with Ellevest* that crunches the numbers based on the realities of gender-based pay.

You may have seen articles about the mistakes investors make. But surprise: Those are men’s biggest mistakes. The biggest investing mistakes women make, says Ellevest CEO and Co-Founder Sallie Krawcheck, are very different. Here’s why.

 

“We want you to meet Ellevest because Stockholm Expat is super excited to be working with them to start this conversation about women and money, and we will receive compensation if you become an Ellevest client.”

 

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*Ellevest clients must have a US bank account.




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