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18 Apr 08

U.S. Expatriate Tax, US expat tax, foreign tax credit, foreign earned income exclusion, Form 1116, Form 2555

  • Should I file jointly with my foreign spouse?



    When preparing your tax return, I will let you know if it is better to file
    jointly with your spouse.  It often is if your income is above the $85,700
    exclusion or you have substantial non-earned income.  Your spouse's foreign
    income (if any) would need to be reported, but he/she is also entitled to the
    foreign income exclusion.

American Tax Help - FAQ's

  • I
    qualify under the bona fide residence test. Does my foreign
    earned income include my U.S. dividends and the interest I receive on a foreign bank account?


    No. The only income that is foreign earned income is income from the performance of personal services abroad. Investment income is not earned income. However, you must include it in gross income reported on your Form 1040.


  • I
    am a U.S. citizen married to a nonresident alien who has no
    income
    from U.S. sources. Can I claim an exemption for my
    spouse on my U.S. tax return?


    Yes.
    You can claim an exemption for your nonresident alien spouse
    on your tax return if your spouse has no income from sources
    within the United States and is not the dependent of another
    U.S. taxpayer. You must use the married filing separately column
    in the Tax Table or the Tax Rate Schedule for married individuals
    filing a separate return, unless you qualify as a head of household.
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