British Expats - Search Results
British Expats

Go Back  British Expats > Search Forums
Reload this Page >

Search Results

Register
FAQ
Wikiposts
Today's Posts
Search
Vendor Directory
Search: Posts Made By: Simonyg
Showing results 1 to 18 of 18
Search took 0.04 seconds.
Forum: USA
Dec 14th 2016, 1:34 am
Replies: 1
Views: 832
Posted By Simonyg

Cross Border Tax on RSU's

I am a UK Citizen but have been resident in California for the past 3 years. I worked for the UK arm of a US business for 13 years prior to relocation. I am here on an L visa and plan to return to...
Forum: USA
Nov 21st 2016, 2:41 pm
Replies: 7
Views: 1,334
Posted By Simonyg

Re: Form 8938

Thanks Cook.

When I read the 1040X the instructions it said that if you are just updating a supplemental form then I should complete the top section and then go straight to part 3 and include and...
Forum: USA
Nov 21st 2016, 2:06 pm
Replies: 7
Views: 1,334
Posted By Simonyg

Re: Form 8938

This is entirely my fault. I had legal advice and entered the Delinquent International Information process based on a strong reasonabale cause case. I provided the calculations for the documents and...
Forum: USA
Nov 21st 2016, 2:32 am
Replies: 7
Views: 1,334
Posted By Simonyg

Form 8938

Please don't judge me as this one is pretty stupid...

When completing my US tax return, i used the yearly average exchange rate to convert income and interest from the UK as per the instructions....
Forum: USA
Nov 12th 2016, 6:35 pm
Replies: 8
Views: 1,775
Posted By Simonyg

Re: U.K. Pension Reporting

Thanks.

I'm not saying the treaty is clear, I am saying the tax situation related to my wife's pension is pretty clear.

I am in no way trying to make any of this appear straight forward, easy...
Forum: USA
Nov 11th 2016, 3:31 pm
Replies: 8
Views: 1,775
Posted By Simonyg

Re: U.K. Pension Reporting

Yes, I have read that and the technical explanation many times. I think it is pretty clear that I do not need to pay tax on anything as there is no contribution or distribution but I do need to...
Forum: USA
Nov 10th 2016, 8:24 pm
Replies: 8
Views: 1,775
Posted By Simonyg

Re: U.K. Pension Reporting

Nun,

Thanks for the response. Really appreciate all the info you have provided to me so far. Makes me feel a little less like I'm out on an island.

Simon
Forum: USA
Nov 10th 2016, 4:41 pm
Replies: 8
Views: 1,775
Posted By Simonyg

Re: U.K. Pension Reporting

Thanks fo the response.

I am definitely getting some legal advice on this. However, I am trying to educate myself as much as possible and the people on here are always helpful.

I'm sure there...
Forum: USA
Nov 10th 2016, 5:37 am
Replies: 8
Views: 1,775
Posted By Simonyg

U.K. Pension Reporting

Hello all.

I am a UK citizen, living in he US as a resident alien on an L1 visa. My wife has a U.K. company money purchase pension plan from an old job from before we moved to the US. The plan was...
Forum: USA
Nov 6th 2016, 8:29 pm
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

I actually have no idea about any of those questions. I guess I was just looking for high level guidance.
Forum: USA
Nov 5th 2016, 9:48 pm
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

Great feedback and I appreciate it very much.

Last question two... if I was to take the streamlined process route, could I claim penalty abatement due to the circumstances or do I need to swallow...
Forum: USA
Nov 5th 2016, 8:34 pm
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

The streamlined process definitely seems like the most concervative process. However, 5the only reason I am thinking about the delinquent process is that I would not immediately be hit with the 5...
Forum: USA
Nov 5th 2016, 8:15 pm
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

I haven't looked into formal compensation so far as the CPA is still adamant that we should not be declaring my U.K. Rental income on US 1040. Although he has admitted that he did not make me aware...
Forum: USA
Nov 5th 2016, 4:59 pm
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

Thanks for the responses.

I am on an L1 visa so I am definitely a resident alien.

I am leaning towards using the Delinquent Foreign Informatiom Procedure as I think I have a strong reasonable...
Forum: USA
Nov 5th 2016, 2:55 am
Replies: 15
Views: 3,695
Posted By Simonyg

Re: U.K. Rental Income on US Tax return

He still believes he is correct and is adamant that it should not be declared. The crazy thing is that he is the local international tax specialist as far as the local tax attorney is concerned. He...
Forum: USA
Nov 5th 2016, 12:15 am
Replies: 7
Views: 1,165
Posted By Simonyg

Re: Late FBAR's filed, mistake on one form (birth date)

Thanks for sharing.
Forum: USA
Nov 5th 2016, 12:14 am
Replies: 65
Views: 24,401
Posted By Simonyg

Re: Fbar and 8938 nightmare

This is excellent information and really helpful.

I am in a similar position and in the process of deciding between the same two options. I would love to hear more specifics about your case as I...
Forum: USA
Nov 4th 2016, 11:48 pm
Replies: 15
Views: 3,695
Posted By Simonyg

U.K. Rental Income on US Tax return

Hello,

Firstly, thanks for reading.

I am a U.K. Citizen living in the US. I have been completing a 1040 submission for the past 2 years via a local international tax CPA. However, he advised me...
Showing results 1 to 18 of 18


 
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.