US TAX FORM FILLING FROM UK and UK PROPERTY
#1
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Thread Starter
Joined: Aug 2017
Posts: 127
US TAX FORM FILLING FROM UK and UK PROPERTY
Hi all,
Could anybody please advise on the best way, my wife who is a UK/US citizen, can complete her US tax returns? She has lived in the UK for the past 4/5 years and hasn't completed any US tax forms. She has a mortgage here and thinks that will adversely influence the form filling. Is this worrying about nothing here? Has anybody been in the same boat and does it even matter? Any helpful advice/links would be gratefully received.
Thanks in advance.
Could anybody please advise on the best way, my wife who is a UK/US citizen, can complete her US tax returns? She has lived in the UK for the past 4/5 years and hasn't completed any US tax forms. She has a mortgage here and thinks that will adversely influence the form filling. Is this worrying about nothing here? Has anybody been in the same boat and does it even matter? Any helpful advice/links would be gratefully received.
Thanks in advance.
#2
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
She can reach out to the IRS at the US Embassy in London for information and assistance. In what way does she think UK mortgage us going to cause her issues? Has she been working? What has her income been yearly?
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
#3
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Joined: Aug 2017
Posts: 127
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
She can reach out to the IRS at the US Embassy in London for information and assistance. In what way does she think UK mortgage us going to cause her issues? Has she been working? What has her income been yearly?
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
#4
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Joined: Nov 2012
Posts: 902
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
My main tip is for her to remain calm as she explores the next steps. These issues are quite common. It is worth mentioning if she might like friendly, helpful professional advice that there are excellent qualified tax professionals here in London, able to assist with US tax; and meet with her if she’d like to put a face to the name. Most folks in this position would use the IRS SFOP to catch up; typically penalty free. However, as you rightly note, having a foreign currency mortgage can be a little complex from a US tax perspective.
#5
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Joined: Aug 2013
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Posts: 4,128
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
She can reach out to the IRS at the US Embassy in London for information and assistance. In what way does she think UK mortgage us going to cause her issues? Has she been working? What has her income been yearly?
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
The simple truth is that unless she makes a significant income, over $100k pa, that she is unlikely to owe any US taxes.
https://uk.usembassy.gov/embassy-con...sular-affairs/
Inland Revenue Service & U.S. Taxes
If you require the Inland Revenue Service (IRS) and have questions about income tax please seeThe IRS office at the U.S. Embassy London closed in 2015 and no longer offers taxpayer assistance (mail, walk-ins or telephone). Please see our list of IRS call center numbers and mailing addresses or see www.irs.gov
Please do not send any IRS forms or tax correspondence to the U.S. Embassy.
The IRS does provide free fillable forms.
https://www.irs.gov/pub/irs-utl/Free...et-Started.pdf
#6
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
Thanks for the update on that, I don't know if that has been mentioned on the forum before. If so, I missed it.
#7
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Joined: Aug 2013
Location: Athens GA
Posts: 2,133
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
My main tip is for her to remain calm as she explores the next steps. These issues are quite common. It is worth mentioning if she might like friendly, helpful professional advice that there are excellent qualified tax professionals here in London, able to assist with US tax; and meet with her if she’d like to put a face to the name. Most folks in this position would use the IRS SFOP to catch up; typically penalty free. However, as you rightly note, having a foreign currency mortgage can be a little complex from a US tax perspective.
#8
Forum Regular
Joined: Aug 2018
Posts: 57
Re: US TAX FORM FILLING FROM UK and UK PROPERTY
streamlined procedure is easy enough if she can sign to say didnt fail to submit for naughty reasons , but did so for not realising.
Have to submit 3 years returns, she has over 100k foreign earnings allowance so should be nil return.
I found great help on expatforum / tax
Have to submit 3 years returns, she has over 100k foreign earnings allowance so should be nil return.
I found great help on expatforum / tax