I live and work in Switzerland. I earned around 60,000CHF last year and had to pay about 3500 in taxes here. I’m a first year teacher, Obviously I don’t plan on going back to teach and live below the povertly line in the US. If I have to file, What form do I need to fill out? or is it easier to just denounce my citizenship?
you mean for an american citizenship? I would retain proof that you are an american citizen (such as SSN card), but you don’t have to keep filing for citizenship and you don’t need to renounce it
02
May
I have dual citizenship and don’t live in the US, do I still have to file in the US?
Archived in the category: earn a living on line
Posted by: admin - 4 Comments
4 comments for “I have dual citizenship and don’t live in the US, do I still have to file in the US?”
.1
v b
If you meet the foreign earned income exclusion rules (apparently you do), you can exclude up to $86K of income.
If you do meet the exclusion rules, you get the exclusion only if you ask for it–if you don’t file, you haven’t asked…and the statute of limitations for the US doesn’t start until you file a return. Even if you give up citizenship, the US can continue to tax you for another 10 years.
The forms are due 6/15. Go to IRS.gov and type in 1040 and 2555-EZ into the search box.
References :
.2
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admin
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