If you are a U.S. citizen or Resident expatriate (expat) living abroad, you are still required to file U.S. taxes each year with the IRS, regardless of your country of residence. This includes reporting your worldwide income and claiming applicable credits and deductions

Key Tax Provisions for Expats:

Foreign Earned Income Exclusion (FEIE): You may exclude up to $112,000 (for 2024) of foreign-earned income from U.S. taxation.

Foreign Tax Credit (FTC): The FTC provides a dollar-for-dollar reduction in your U.S. tax liability for taxes paid to a foreign government

At Kyra Tax Filing, We specialize in helping expatriates navigate the complexities of U.S. tax obligations. We ensure that all necessary forms are filed accurately and on time, so you can stay compliant while maximizing your potential tax savings.