I Sold U.S. Property as a Foreign Person. What Are My U.S. Tax Obligations?
Foreign sellers of U.S. real estate owe federal capital gains tax, may owe state tax, and may have prior-year rental issues to address. Here is the full picture.
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Tax relief insights from Attorney Darrin T. Mish
Foreign sellers of U.S. real estate owe federal capital gains tax, may owe state tax, and may have prior-year rental issues to address. Here is the full picture.
FIRPTA refunds require an ITIN. There is no way around it. Here is how the ITIN application works and how to coordinate it with the
FIRPTA withholding is recovered by filing Form 1040-NR with Form 8288-A and an ITIN. Here is the full refund process and the timing to expect.
FIRPTA withholding is 15 percent of the gross sales price when a foreign person sells U.S. real estate. Here is how the rule works and
The IRS can certify tax debts above $62,000 to the State Department, which can deny or revoke your passport. Here is how the rule works
Renouncing U.S. citizenship triggers an exit tax for covered expatriates and a lifetime tail on U.S. heirs. Here is how the tax expatriation rules work.
The foreign earned income exclusion can wipe out U.S. tax on roughly $130,000 of expat income. Here is how it works, who qualifies, and where