Category: Foreign Tax Credit And Treaties
What Is Form 8833? A Guide for Expats
Sep 27, 2024
What You Need to Know About The Form 8833 When a taxpayer elects to take a position that overrules or modifies any provisions of the Internal Revenue Code that results in a reduction…
How to Claim Tax Treaty Benefits for U.S. Expats
Sep 20, 2024
The United States has income tax treaties with a number of foreign countries. One of the tax treaty’s primary benefits is that it gives contracting country residents the security that they will not…
The Most Common Expat Tax Deductions
Aug 06, 2024
Paying more taxes than you should is no one’s favorite. Whether you’re a typical taxpayer or an expat, learn how tax deductions can benefit you in this article.
The Foreign Tax Credit: An Ultimate Guide for U.S. Expats
Jul 12, 2024
The United States taxes its citizens and residents on their worldwide income, regardless of where they live. This means that even if you’re living abroad, you might still owe U.S. taxes on income…
Is the American Opportunity Tax Credit Actually Refundable? A Guide for Expats
Oct 13, 2023
If you’re pursuing higher education or helping a loved one in college, you’ve likely heard of various tax credits and deductions designed to ease the financial burden of education expenses. Among these is…
6 Important Things Expats Need to Know About Foreign Tax Credit Carryover
Aug 24, 2022
This article will discuss the IRS foreign tax credit carryover and how you can use it to your advantage.
How to Claim Foreign Tax Credit in 4 Ways
Aug 22, 2022
Knowing how to maximize your FTC will allow you to avoid double taxation and better fulfill your U.S. tax obligations. However, you must know the FTC's limitations to get its full scope of…
FEIE Vs. FTC: Which Is Better For Expats Avoiding Double Taxation?
Aug 19, 2022
You must understand these two tax benefits to avoid getting double-taxed while working or living abroad. This article will discuss the FEIE vs. the FTC to determine your better option.
Tax Credit vs. Tax Deduction: The Most Important Differences Expats Need To Know
Jul 28, 2022
Taxes are time-consuming, but knowing how to minimize your tax dues can be worth the trouble. Read our blog to see how you can get the most savings in your taxes.
ACA Tax Complications – The Truth About Affordable Care Act for Expats
Oct 13, 2021
ACA Tax Complications No one wants a big surprise at tax time, which is why Tax Samaritan recommends that clients review their tax situation and make any necessary last-minute adjustments to withholding or…