US expats: don't let the IRS put you in a bad mood this tax season - News Summed Up

US expats: don't let the IRS put you in a bad mood this tax season


For many, filing tax US returns is an unpleasant and complicated task under the best of circumstances. To help sort through the confusion, The Local has compiled a list of some common tax questions asked by US expat readers. Q: Should I file using the Foreign Earned Income Exclusion or the Foreign Tax Credit? A: If you have children living at home you should consider using the Foreign Tax Credit (FTC), which allows you to claim the child tax credit ($1,000 per child). Click here to register with TFX for expert tax advice for US expats.


Source: The Local March 06, 2017 15:00 UTC



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