# Expat CPA Tax — full content map

> US expat tax education for Americans abroad, connecting you with Expat Tax for preparation.

Comprehensive map for AI agents: every page with its description, plus the full FAQ knowledge base. The shorter /llms.txt is the overview.

## Entity
- Publisher (this site, educational content): Expat CPA Tax — https://expatcpatax.com
- Preparation provider (partner firm): Expat Tax / Capital Tax Limited — https://expattax.com
- Conversion: https://expatcpatax.com/contact/ routes inquiries to the partner firm.
- Content last reviewed: 2026-06-28

## Audience
US citizens and green-card holders living outside the United States who must file US federal income tax, FBAR (FinCEN 114), and FATCA (Form 8938) reports.

## Canonical tax facts (tax year 2025)
- FEIE (Form 2555): up to $130,000 of foreign earned income excluded; earned income only, not passive income.
- FBAR (FinCEN Form 114): filed with FinCEN separately from the 1040 when foreign financial accounts exceed $10,000 aggregate at any time during the year.
- Form 8938 (FATCA), abroad thresholds: single $200,000 year-end / $300,000 any time; MFJ $400,000 / $600,000. Domestic thresholds: single $50,000 / $75,000; MFJ $100,000 / $150,000.
- Self-employment tax: 15.3% on 92.35% of net earnings, with the 12.4% Social Security portion applying only to the part of the annual wage base ($176,100 for 2025) not already used by wages subject to Social Security tax (IRC §1402(b)(1)) and the 2.9% Medicare portion uncapped, plus a further 0.9% Additional Medicare Tax on combined Medicare-taxed wages, RRTA compensation and self-employment income above $200,000 for a single, head-of-household or qualifying-surviving-spouse filer, $250,000 for a joint return, and $125,000 for married filing separately; the FEIE does not reduce it.
- Streamlined Filing: 3 years of returns + 6 years of FBARs. SFOP 0% penalty (requires 330+ days abroad and no US abode in a covered year); SDOP 5% of the highest year-end aggregate value, for previously-filed returns amended on Form 1040-X.

## Services
- [Expat Tax Services](https://expatcpatax.com/services/) — Overview of US expat tax services for Americans abroad: Form 1040 returns, FBAR, FATCA Form 8938, and IRS Streamlined catch-up filing through Expat Tax.
- [FATCA Form 8938](https://expatcpatax.com/services/fatca-form-8938/) — Form 8938 FATCA reporting for specified foreign financial assets when thresholds are met, alongside FBAR obligations.
- [FBAR Reporting (FinCEN Form 114)](https://expatcpatax.com/services/fbar-reporting/) — FBAR filing for US persons with foreign financial accounts over $10,000 aggregate balance. Expat CPA guidance and preparation.
- [Form 5471 & Foreign-Corporation Reporting](https://expatcpatax.com/services/foreign-corporation-5471/) — Specialist Form 5471 and foreign-corporation filing for US expats: GILTI, Subpart F, related disclosures, and how catch-up on missed years works.
- [Form 8621 & PFIC Reporting](https://expatcpatax.com/services/pfic-form-8621/) — Form 8621 preparation for US expats holding non-US mutual funds, ETFs and unit trusts: annual reports, section 1291 computations, QEF and mark-to-market analysis, and catch-up on missed years.
- [IRS Streamlined Filing Compliance](https://expatcpatax.com/services/streamlined-filing/) — Catch-up US tax filing for non-willful expats via the IRS Streamlined Foreign Offshore Procedures: 3 years of returns, 6 years of FBARs, no offshore penalty.
- [US Expat Tax Returns (Form 1040)](https://expatcpatax.com/services/us-expat-tax-returns/) — Annual US federal and state tax returns for Americans living overseas, including FEIE, Foreign Tax Credit, and treaty positions.

## Guides
- [US Expat Tax Guides](https://expatcpatax.com/guides/) — Educational guides on Foreign Earned Income Exclusion, bona fide residence, physical presence, and accidental American filing obligations.
- [Accidental American Taxes: Do You Really Owe, and Your Options (Including Renouncing)](https://expatcpatax.com/guides/accidental-american-tax/) — What an accidental American is, which US tax and FBAR reporting rules apply, and what the catch-up and renunciation routes actually involve.
- [Bona Fide Residence & Physical Presence Tests](https://expatcpatax.com/guides/bona-fide-residence-test/) — Qualifying for the Foreign Earned Income Exclusion through the bona fide residence test or the 330-day physical presence test.
- [Can the IRS Find Expats Who Don't File? (FATCA Explained)](https://expatcpatax.com/guides/can-irs-find-expats-not-filing/) — How the IRS finds Americans abroad who do not file: FATCA bank reporting, the audit window that never closes on an unfiled return, and passport consequences.
- [Digital Nomad Taxes: FEIE, Self-Employment Tax, and the Forms Nobody Mentions](https://expatcpatax.com/guides/digital-nomad-self-employment-tax/) — Learn how US digital nomads and self-employed expats navigate the FEIE, self-employment tax, totalization agreements, and critical foreign reporting forms.
- [US Tax Residency from a Family-Based Green Card, Even If You Never Move](https://expatcpatax.com/guides/family-based-green-card-us-taxes/) — Marriage-based green cards and citizenship acquired for a child's future both start US tax residency under the green card test, whether or not you ever relocate. What it means and how to catch up.
- [FBAR and the $10,000 Rule: Misconceptions That Cost Expats](https://expatcpatax.com/guides/fbar-10000-rule/) — Learn the truth about the $10,000 FBAR rule for US expats in 2025. We debunk common misconceptions about aggregate balances, penalties, and reporting.
- [Foreign Earned Income Exclusion (FEIE)](https://expatcpatax.com/guides/foreign-earned-income-exclusion/) — How the Foreign Earned Income Exclusion works for US expats: the 2025 limit, eligibility tests, and how it coordinates with the Foreign Tax Credit (Form 2555).
- [Form 3520 for US Expats: Foreign Gifts, Inheritances, and Foreign Trusts](https://expatcpatax.com/guides/form-3520-foreign-gift-inheritance/) — When a gift or inheritance from a non-US person must be reported on Form 3520, the $100,000 threshold, the 5%-per-month penalty, when a foreign pension is a foreign trust, and how missed years are handled.
- [Form 5471 for US Expats With a Foreign Company: Who Must File, Penalties, and How to Catch Up](https://expatcpatax.com/guides/form-5471-foreign-corporation/) — Who must file Form 5471 as a US expat with a foreign company, the $10,000-per-form penalties, net CFC tested income (formerly GILTI) exposure, and how to catch up on missed years.
- [Form 8621 and PFICs: Why Your Foreign Mutual Fund Is a US Tax Problem](https://expatcpatax.com/guides/form-8621-pfic-foreign-funds/) — Form 8621 has no fixed per-form penalty, but missing required PFIC information can extend the assessment period. Learn the filing triggers, annual-report exceptions, section 1291, QEF and mark-to-market rules.
- [GILTI Is Now NCTI: What Changed for Americans Who Own a Foreign Company](https://expatcpatax.com/guides/gilti-is-now-ncti/) — GILTI is now net CFC tested income for tax years beginning after 2025. Who is caught, what the repealed tangible-asset break costs, and a worked example.
- [IRS Notice CP14 for US Expats: What It Means and What to Do](https://expatcpatax.com/guides/irs-cp14-notice-expats/) — What an IRS CP14 balance-due notice means for Americans abroad, why the June 15 extension still leaves interest from April 15, how to check the balance, pay from overseas, dispute it, or set up a plan.
- [Korean Citizenship, US Naturalization, and What the IRS Actually Wants](https://expatcpatax.com/guides/korea-naturalization-citizenship-taxes/) — Naturalizing as a US citizen automatically ends Korean nationality under Article 15, whether or not it's reported. What that report actually does, and what the IRS wants regardless.
- [Owe $0 in US Tax Abroad? Do You Still Have to File?](https://expatcpatax.com/guides/owe-no-us-tax-still-file/) — The exclusion and the Foreign Tax Credit are claimed on a return, not automatically. Why a year with no US tax owed is still a year you have to file.

## Countries
- [US Expat Tax by Country](https://expatcpatax.com/countries/) — US tax preparation for Americans abroad, organized by country of residence. Country guides cover the tax treaty, FBAR, FATCA, and totalization rules.
- [Argentina Expat Tax Guide 2026](https://expatcpatax.com/countries/argentina/) — Argentina US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Argentina.
- [Impuestos de EE. UU. para Estadounidenses que Viven en Argentina | Guía 2026](https://expatcpatax.com/countries/argentina/es/) — Guía fiscal 2026 para ciudadanos estadounidenses y titulares de green card que viven en Argentina. Reglas sobre FBAR, PFIC, FEIE y el impuesto sobre el trabajo por cuenta propia.
- [Australia Expat Tax Guide 2026](https://expatcpatax.com/countries/australia/) — Australia US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Australia.
- [Bahrain Expat Tax Guide 2026](https://expatcpatax.com/countries/bahrain/) — Bahrain US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Bahrain.
- [Bangladesh Expat Tax Guide 2026](https://expatcpatax.com/countries/bangladesh/) — Bangladesh US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Bangladesh.
- [Belarus Expat Tax Guide 2026](https://expatcpatax.com/countries/belarus/) — Belarus US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Belarus.
- [Brazil Expat Tax Guide 2026](https://expatcpatax.com/countries/brazil/) — Brazil US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Brazil.
- [Impostos dos EUA para Americanos no Brasil: Guia 2026](https://expatcpatax.com/countries/brazil/pt/) — Guia completo de impostos dos EUA para americanos morando no Brasil. Saiba sobre FEIE, FBAR, PFIC, PGBL/VGBL e o Acordo de Previdência Social.
- [Canada Expat Tax Guide 2026](https://expatcpatax.com/countries/canada/) — Canada US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Canada.
- [China Expat Tax Guide 2026](https://expatcpatax.com/countries/china/) — China US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in China.
- [在华美国人报税指南：美国公民与绿卡持有人海外报税全解析](https://expatcpatax.com/countries/china/zh/) — 专为在华居住的美国公民与绿卡持有人打造的美国海外报税指南。涵盖全球收入申报、中美税收协定、海外账户申报（FBAR）、FATCA、海外所得免税额及简易申报程序等核心税务问题。
- [Colombia Expat Tax Guide 2026](https://expatcpatax.com/countries/colombia/) — Colombia US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Colombia.
- [Guía de Impuestos de EE. UU. para Estadounidenses en Colombia](https://expatcpatax.com/countries/colombia/es/) — Guía fiscal para ciudadanos de EE. UU. y residentes en Colombia. Conozca las reglas del FBAR, FEIE, PFIC y los impuestos para trabajadores por cuenta propia.
- [Costa Rica Expat Tax Guide 2026](https://expatcpatax.com/countries/costa-rica/) — Costa Rica US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Costa Rica.
- [Impuestos de EE. UU. para Estadounidenses en Costa Rica](https://expatcpatax.com/countries/costa-rica/es/) — Guía fiscal para ciudadanos de EE. UU. en Costa Rica: FEIE, FBAR, pensiones (ROPC), trabajo por cuenta propia y la falta de tratados fiscales.
- [Cuba Expat Tax Guide 2026](https://expatcpatax.com/countries/cuba/) — Cuba US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Cuba.
- [Ecuador Expat Tax Guide 2026](https://expatcpatax.com/countries/ecuador/) — Ecuador US expat tax guide (2026): Dollarized economy, no currency conversion. no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Ecuador.
- [Impuestos de EE. UU. para Expatriados en Ecuador: Guía 2026](https://expatcpatax.com/countries/ecuador/es/) — Guía fiscal para ciudadanos estadounidenses en Ecuador. Conozca las reglas del IRS sobre dolarización, IESS, FBAR, PFIC y el impuesto del 15.3%.
- [France Expat Tax Guide 2026](https://expatcpatax.com/countries/france/) — France US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in France.
- [Germany Expat Tax Guide 2026](https://expatcpatax.com/countries/germany/) — Germany US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Germany.
- [Greece Expat Tax Guide 2026](https://expatcpatax.com/countries/greece/) — Greece US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Greece.
- [Hong Kong Expat Tax Guide 2026](https://expatcpatax.com/countries/hong-kong/) — Hong Kong US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Hong Kong.
- [India Expat Tax Guide 2026](https://expatcpatax.com/countries/india/) — India US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in India.
- [Iran Expat Tax Guide 2026](https://expatcpatax.com/countries/iran/) — Iran US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Iran.
- [Iraq Expat Tax Guide 2026](https://expatcpatax.com/countries/iraq/) — Iraq US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Iraq.
- [Ireland Expat Tax Guide 2026](https://expatcpatax.com/countries/ireland/) — Ireland US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Ireland.
- [Israel Expat Tax Guide 2026](https://expatcpatax.com/countries/israel/) — Israel US expat tax guide (2026): PFIC traps on Israeli funds. tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Israel.
- [מדריך מס ארה״ב לאזרחים אמריקאים בישראל 2026 | דיווח, FBAR ופנסיה](https://expatcpatax.com/countries/israel/he/) — מדריך מקיף למיסוי ארה״ב עבור אזרחים אמריקאים בישראל. כולל מידע על חובות דיווח, FBAR, קרן השתלמות, PFIC, ביטוח לאומי לעצמאים והליכי ציות מזורזים (Streamlined).
- [Italy Expat Tax Guide 2026](https://expatcpatax.com/countries/italy/) — Italy US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Italy.
- [Japan Expat Tax Guide 2026](https://expatcpatax.com/countries/japan/) — Japan US expat tax guide (2026): PFIC traps in NISA & iDeCo. tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Japan.
- [日本在住の米国人向け米国税務申告ガイド](https://expatcpatax.com/countries/japan/ja/) — 日本在住の米国市民・グリーンカード保持者向けに、米国税務申告の基本、日米租税条約、iDeCo・NISAの注意点（PFIC）、自営業税の免除手続きなどを専門家が日本語で詳しく解説します。
- [Kazakhstan Expat Tax Guide 2026](https://expatcpatax.com/countries/kazakhstan/) — Kazakhstan US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Kazakhstan.
- [Kenya Expat Tax Guide 2026](https://expatcpatax.com/countries/kenya/) — Kenya US expat tax guide (2026): NSSF & pension plan US tax traps. no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Kenya.
- [Kuwait Expat Tax Guide 2026](https://expatcpatax.com/countries/kuwait/) — Kuwait US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Kuwait.
- [Kyrgyzstan Expat Tax Guide 2026](https://expatcpatax.com/countries/kyrgyzstan/) — Kyrgyzstan US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Kyrgyzstan.
- [Mexico Expat Tax Guide 2026](https://expatcpatax.com/countries/mexico/) — Mexico US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Mexico.
- [Impuestos de EE. UU. para Estadounidenses Viviendo en México](https://expatcpatax.com/countries/mexico/es/) — Guía fiscal para ciudadanos de EE. UU. y titulares de green card que viven en México: AFOREs, PFIC, FBAR, el tratado fiscal y el impuesto de trabajo por cuenta propia.
- [Monaco Expat Tax Guide 2026](https://expatcpatax.com/countries/monaco/) — Monaco US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Monaco.
- [Netherlands Expat Tax Guide 2026](https://expatcpatax.com/countries/netherlands/) — Netherlands US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Netherlands.
- [New Zealand Expat Tax Guide 2026](https://expatcpatax.com/countries/new-zealand/) — New Zealand US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in New Zealand.
- [Nigeria Expat Tax Guide 2026](https://expatcpatax.com/countries/nigeria/) — Nigeria US expat tax guide (2026): CFC rules for Nigerian Ltd companies. no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Nigeria.
- [North Korea Expat Tax Guide 2026](https://expatcpatax.com/countries/north-korea/) — North Korea US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in North Korea.
- [Norway Expat Tax Guide 2026](https://expatcpatax.com/countries/norway/) — Norway US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Norway.
- [Panama Expat Tax Guide 2026](https://expatcpatax.com/countries/panama/) — Panama US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Panama.
- [Guía de Impuestos de EE. UU. para Estadounidenses en Panamá](https://expatcpatax.com/countries/panama/es/) — Guía fiscal para ciudadanos de EE. UU. y titulares de green card que viven en Panamá. Reglas del FBAR, FEIE, PFIC, y el impuesto sobre el trabajo por cuenta propia.
- [Philippines Expat Tax Guide 2026](https://expatcpatax.com/countries/philippines/) — Philippines US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Philippines.
- [Poland Expat Tax Guide 2026](https://expatcpatax.com/countries/poland/) — Poland US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Poland.
- [Portugal Expat Tax Guide 2026](https://expatcpatax.com/countries/portugal/) — Portugal US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Portugal.
- [Qatar Expat Tax Guide 2026](https://expatcpatax.com/countries/qatar/) — Qatar US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Qatar.
- [Russia Expat Tax Guide 2026](https://expatcpatax.com/countries/russia/) — Russia US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Russia.
- [Saudi Arabia Expat Tax Guide 2026](https://expatcpatax.com/countries/saudi-arabia/) — Saudi Arabia US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Saudi Arabia.
- [Singapore Expat Tax Guide 2026](https://expatcpatax.com/countries/singapore/) — Singapore US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Singapore.
- [South Korea Expat Tax Guide 2026](https://expatcpatax.com/countries/south-korea/) — South Korea US expat tax guide (2026): PFIC traps on KODEX & TIGER funds. tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in South Korea.
- [한국 거주 미국 시민권자 및 영주권자를 위한 2026년 미국 세금 신고 가이드](https://expatcpatax.com/countries/south-korea/ko/) — 한국에 거주하는 미국 시민권자와 영주권자를 위한 미국 세금 신고 가이드입니다. 2026년 FEIE, FBAR, FATCA, 국민연금, IRP, PFIC, 한미 조세조약 등 필수 세무 정보를 확인하세요.
- [Spain Expat Tax Guide 2026](https://expatcpatax.com/countries/spain/) — Spain US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Spain.
- [Sudan Expat Tax Guide 2026](https://expatcpatax.com/countries/sudan/) — Sudan US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Sudan.
- [Sweden Expat Tax Guide 2026](https://expatcpatax.com/countries/sweden/) — Sweden US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Sweden.
- [Switzerland Expat Tax Guide 2026](https://expatcpatax.com/countries/switzerland/) — Switzerland US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Switzerland.
- [Syria Expat Tax Guide 2026](https://expatcpatax.com/countries/syria/) — Syria US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Syria.
- [Taiwan Expat Tax Guide 2026](https://expatcpatax.com/countries/taiwan/) — Taiwan US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Taiwan.
- [在台美國人報稅指南：美國公民與綠卡持有人必看的海外報稅規定](https://expatcpatax.com/countries/taiwan/zh/) — 專為居住在台灣的美國公民與綠卡持有人（即美國永久居民）編寫的美國報稅指南。涵蓋海外所得免稅額 (FEIE)、外國稅收抵免 (FTC)、FBAR 海外帳戶申報、FATCA 海外金融資產申報、台灣勞退與自雇稅務解析。
- [Tajikistan Expat Tax Guide 2026](https://expatcpatax.com/countries/tajikistan/) — Tajikistan US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Tajikistan.
- [Thailand Expat Tax Guide 2026](https://expatcpatax.com/countries/thailand/) — Thailand US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Thailand.
- [Turkey Expat Tax Guide 2026](https://expatcpatax.com/countries/turkey/) — Turkey US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Turkey.
- [Turks and Caicos Expat Tax Guide 2026](https://expatcpatax.com/countries/turks-and-caicos/) — Turks and Caicos US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in Turks and Caicos.
- [United Arab Emirates Expat Tax Guide 2026](https://expatcpatax.com/countries/uae/) — United Arab Emirates US expat tax guide (2026): no US tax treaty. FBAR, FATCA, FEIE & foreign tax credits for US citizens in United Arab Emirates.
- [United Kingdom Expat Tax Guide 2026](https://expatcpatax.com/countries/united-kingdom/) — United Kingdom US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in United Kingdom.
- [Uzbekistan Expat Tax Guide 2026](https://expatcpatax.com/countries/uzbekistan/) — Uzbekistan US expat tax guide (2026): tax-treaty rules, FBAR, FATCA, FEIE & Streamlined filing for US citizens in Uzbekistan.

## FAQ
- [US Expat Tax FAQ](https://expatcpatax.com/faq/) — Frequently asked questions on US taxes for citizens and green-card holders abroad: filing requirements, FBAR, FATCA, the FEIE, and Streamlined catch-up.
- [How is Singapore CPF treated on a US tax return?](https://expatcpatax.com/faq/cpf-us-tax/) — US tax treatment of Singapore CPF for US persons: contributions and growth are generally taxable, and accounts are reportable on FBAR and Form 8938.
- [How do I get a Social Security number for my dependent abroad?](https://expatcpatax.com/faq/dependent-ssn-abroad/) — Securing a Social Security number for a dependent living abroad generally involves applying through the Federal Benefits Unit at the nearest US embassy or…
- [How is Malaysia EPF treated for US tax purposes?](https://expatcpatax.com/faq/epf-us-tax/) — US treatment of Malaysia's Employees Provident Fund for US persons: contributions and dividends are generally taxable, with FBAR and Form 8938 reporting.
- [Are FATCA thresholds different for expats?](https://expatcpatax.com/faq/fatca-thresholds-abroad/) — Yes. The Foreign Account Tax Compliance Act (FATCA) reporting thresholds for taxpayers living abroad are significantly higher than the domestic thresholds.
- [What is the difference between FBAR and Form 8938?](https://expatcpatax.com/faq/fbar-vs-form-8938/) — The FBAR (FinCEN Form 114) and Form 8938 are separate reporting requirements that frequently overlap. The FBAR is filed directly with FinCEN via the BSA…
- [Do US citizens living abroad have to file a US tax return?](https://expatcpatax.com/faq/file-from-abroad-required/) — In most cases, yes. The United States uses citizenship-based taxation, meaning citizens and green-card holders must report their worldwide income on Form…
- [What is foreign earned income?](https://expatcpatax.com/faq/foreign-earned-income-definition/) — What counts as foreign earned income for US expats: wages and self-employment earned abroad for personal services, what is excluded, and how it drives the FEIE.
- [Is foreign life insurance with cash value reportable to the IRS?](https://expatcpatax.com/faq/foreign-life-insurance-us-tax/) — US reporting for foreign cash-value life insurance and investment-linked policies: FBAR and Form 8938 reportability, excise tax on premiums, and PFIC exposure inside ILPs.
- [How do I start working with a preparer?](https://expatcpatax.com/faq/how-to-start-preparer/) — Use the contact form with your country, years unfiled, and foreign accounts. For Streamlined screening see Streamlined Amnesty.
- [Is information on this site tax advice?](https://expatcpatax.com/faq/is-this-tax-advice/) — No. Content is general education. A licensed preparer should review your situation before you rely on any filing position.
- [Is a UK ISA tax-free for US citizens?](https://expatcpatax.com/faq/isa-us-tax/) — Why a UK ISA is not tax-free for US persons: income is taxable on the US return and stocks-and-shares ISAs usually trigger PFIC reporting.
- [Is Hong Kong MPF taxable for US citizens?](https://expatcpatax.com/faq/mpf-us-tax/) — US treatment of Hong Kong MPF accounts: employer contributions and growth are generally taxable to US persons, with FBAR and Form 8938 reporting.
- [Do NRE and NRO accounts in India have to be reported to the IRS?](https://expatcpatax.com/faq/nre-nro-us-tax/) — US reporting and taxation of Indian NRE and NRO accounts: interest is taxable in the US even where India exempts it, and both count toward FBAR and Form 8938.
- [Are foreign mutual funds PFICs for US tax purposes?](https://expatcpatax.com/faq/pfic-foreign-mutual-funds/) — Why nearly all non-US mutual funds and ETFs are PFICs, what Form 8621 requires, and how the section 1291 default regime taxes distributions and gains.
- [What is the 330-day physical presence test?](https://expatcpatax.com/faq/physical-presence-test/) — The physical presence test is one of two ways to qualify for the Foreign Earned Income Exclusion on Form 2555 (the other is the bona fide residence test).
- [How is a Canadian RRSP taxed in the US?](https://expatcpatax.com/faq/rrsp-us-tax/) — US tax treatment of Canadian RRSPs for US persons: automatic treaty deferral under Rev. Proc. 2014-55, plus FBAR and Form 8938 reporting.
- [Do I owe US state tax while living overseas?](https://expatcpatax.com/faq/state-taxes-while-abroad/) — Whether you owe state taxes while living abroad depends entirely on your specific state domicile rules, which operate separately from federal provisions like…
- [Who might qualify for IRS Streamlined filing?](https://expatcpatax.com/faq/streamlined-eligibility-basics/) — Generally, non-willful US taxpayers abroad who have failed to file required returns and FBARs may use the IRS Streamlined Filing Compliance Procedures.
- [Is Australian superannuation taxable in the US?](https://expatcpatax.com/faq/superannuation-us-tax/) — The honest answer on Australian super for US persons: the IRS has never issued clear guidance, common positions vary, and the reporting obligations are certain even where the tax treatment is not.
- [Is a Canadian TFSA taxable in the United States?](https://expatcpatax.com/faq/tfsa-us-tax/) — Why the TFSA's Canadian tax-free status does not carry over to US returns, and what a US-person holder must report.
- [Who operates Expat CPA Tax?](https://expatcpatax.com/faq/who-operates-this-site/) — Who operates Expat CPA Tax, who prepares your return, and how the partnership with Capital Tax Limited (Expat Tax) handles US expat tax preparation.

## Tools
- [Free US Expat Tax Tools](https://expatcpatax.com/tools/) — Free educational tools for Americans abroad, starting with a guide to the FEIE and Foreign Tax Credit choice, with more tools on the way.
- [FBAR vs Form 8938 Threshold Checker for US Expats](https://expatcpatax.com/tools/fbar-fatca-threshold-checker/) — Check which foreign asset reporting thresholds you cross. FBAR at $10,000 in accounts, Form 8938 from $50,000 to $600,000 depending on where you live and how you file.
- [FEIE vs FTC for US Expats: Which Should You Use?](https://expatcpatax.com/tools/feie-vs-ftc/) — FEIE vs Foreign Tax Credit for US expats: how the two differ, when each tends to win, and the published 2025 brackets, caps and credits behind the math.
- [Foreign Currency to USD Converter (IRS Yearly Average Rates)](https://expatcpatax.com/tools/foreign-exchange-converter/) — IRS yearly average exchange rates for 2025, from an IRS page last updated February 24, 2026. Our table covers 38 currencies, 2020 to 2025, plus a free converter.
- [Japan US Expat Tax Filing Checker: What You Must File](https://expatcpatax.com/tools/japan-us-expat-tax-checker/) — For US citizens in Japan: which US filing topics your situation raises, with the general rule for each. FBAR, Form 8938, the NISA/iDeCo PFIC trap, and more.

## Pages
- [About This Site](https://expatcpatax.com/about/) — What Expat CPA Tax is, who operates it, and how it connects you with Expat Tax (Capital Tax Limited) for US expat tax preparation and our partner sites.
- [Contact, Secure US Expat Tax Intake](https://expatcpatax.com/contact/) — Secure contact form for US expat tax inquiries. Submissions go to Capital Tax Limited (Expat Tax) with documented consent.
- [US Expat Tax Facts: Verified Numbers With Sources (2025-2026)](https://expatcpatax.com/expat-tax-facts/) — The reference numbers for US expat tax, each with its source and verification date: FEIE cap, FBAR thresholds and penalties, Form 8938, renunciation figures, with verbatim statutory text. Machine-readable at /facts.json.
- [Get Started, US Expat Tax](https://expatcpatax.com/get-started/) — A checklist and clear next steps to begin US expat tax preparation through Expat Tax: what to gather and how the secure intake process works.
- [Privacy Policy](https://expatcpatax.com/privacy/) — How expatcpatax.com handles the information you submit, including what is shared with our partner firm Capital Tax Limited, and your privacy rights.
- [Site Index](https://expatcpatax.com/site-index/) — A complete list of every page on expatcpatax.com, including country guides, services, FAQs, and resources, for visitors and AI/automated systems.
- [Terms of Service](https://expatcpatax.com/terms/) — Terms governing use of expatcpatax.com, an educational intake platform that connects US expats with Capital Tax Limited for US tax preparation.

## Home
- [US Expat Tax Guide for Americans Abroad](https://expatcpatax.com/) — Educational guide to US federal tax, FBAR, FATCA, and Streamlined filing for citizens and green-card holders abroad. Preparation through Expat Tax.

## FAQ knowledge base (full answers)

### What is foreign earned income?
Foreign earned income is pay received for personal services actually performed in a foreign country while your tax home is abroad. This includes wages, salaries, professional fees, and self-employment income. It does not matter whether the employer or payer is based in the United States or a foreign country. It is important to contrast this with unearned or passive income. Foreign earned income does not include interest, dividends, rental income, capital gains, pensions, Social Security benefits, or US government allowances. These types of passive or deferred income do not qualify for the Foreign Earned Income Exclusion. For the 2025 tax year, expats can exclude up to $130,000 of qualifying earned income from US income tax using Form 2555 . You can learn more in our FEIE guide . However, self-employed individuals face a crucial distinction. Even if self-employment earnings are excluded from federal income tax, they remain subject to the 15.3% self-employment tax. Taxpayers should consider professional help to confirm how these rules apply to their specific financial situation.
Source: https://expatcpatax.com/faq/foreign-earned-income-definition/

### How do I get a Social Security number for my dependent abroad?
Securing a Social Security number for a dependent living abroad generally involves applying through the Federal Benefits Unit at the nearest US embassy or consulate. The Social Security Administration requires specific original documents for overseas applicants. These requirements include evidence of the child's identity, age, US citizenship or immigration status, and their relationship to the parents. Having a valid SSN is essential for claiming specific tax benefits. For instance, a dependent must have an SSN to qualify for the $2,200 Child Tax Credit. An Individual Taxpayer Identification Number is not accepted for this specific credit. If a child is not eligible for an SSN, they may instead need an ITIN, which requires submitting Form W-7 , to be listed on a return for other tax purposes. Starting the application process early is highly recommended. A missing SSN can delay e-filing and postpone access to valuable tax credits. Taxpayers managing overseas dependents can explore professional support for US expat tax returns to ensure all filing requirements are met. Applicants should confirm current procedures with their local consulate before submitting documents.
Source: https://expatcpatax.com/faq/dependent-ssn-abroad/

### Do US citizens living abroad have to file a US tax return?
In most cases, yes. The United States uses citizenship-based taxation, meaning citizens and green-card holders must report their worldwide income on Form 1040 regardless of where they live. Moving abroad does not end the obligation to file a US tax return. Filing is generally required once gross income exceeds the standard deduction for a given filing status, which is $15,750 for single filers or $31,500 for married filing jointly. However, there is a notable quirk for expats married to non-resident aliens. If filing as married filing separately, the threshold drops to just $5 of gross income. Separately, anyone with $400 or more of net self-employment income must file, regardless of the standard-deduction threshold. Taxpayers living outside the country receive an automatic two-month extension to June 15 to file, and further extensions are available. While filing is mandatory, owing tax is not. Filing a US expat tax return is usually how individuals claim benefits like the Foreign Earned Income Exclusion (which shields up to $130,000 of earned income) or the Foreign Tax Credit. These tools often reduce the actual US tax owed to zero. Many people who owe nothing still must file to claim these benefits.
Source: https://expatcpatax.com/faq/file-from-abroad-required/

### What is the difference between FBAR and Form 8938?
The FBAR ( FinCEN Form 114 ) and Form 8938 are separate reporting requirements that frequently overlap. The FBAR is filed directly with FinCEN via the BSA E-Filing System. A taxpayer must file an FBAR if the aggregate balance of all foreign financial accounts exceeds $10,000 at any time during the year. This report is submitted separately from the federal tax return. In contrast, Form 8938 is filed with the IRS as an attachment to the annual Form 1040 to satisfy FATCA rules. The reporting thresholds for expats living abroad are significantly higher. Single filers abroad must submit Form 8938 if their specified foreign financial assets exceed $200,000 on the last day of the tax year or $300,000 at any time. For married taxpayers filing jointly abroad, these thresholds increase to $400,000 at year-end or $600,000 at any time. While both forms target offshore assets, they involve different government agencies, thresholds, and definitions of what counts (for example, Form 8938 can cover foreign stocks or securities held directly, which the FBAR does not). Filing one does not replace the other, so many expats must submit both. Taxpayers should consider professional help to confirm their specific reporting requirements.
Source: https://expatcpatax.com/faq/fbar-vs-form-8938/

### Who operates Expat CPA Tax?
Expat CPA Tax (expatcpatax.com) is an educational site operated by Real Good Digital LLC. Tax preparation is performed by our partner firm, Capital Tax Limited (Expat Tax), not on this domain. This site is not the IRS and is not affiliated with prior owners of this domain. For intake, use the secure contact form .
Source: https://expatcpatax.com/faq/who-operates-this-site/

### How do I start working with a preparer?
Use the contact form with your country, years unfiled, and foreign accounts. For Streamlined screening see Streamlined Amnesty .
Source: https://expatcpatax.com/faq/how-to-start-preparer/

### Is information on this site tax advice?
No. Content is general education. A licensed preparer should review your situation before you rely on any filing position.
Source: https://expatcpatax.com/faq/is-this-tax-advice/

### What is the 330-day physical presence test?
The physical presence test is one of two ways to qualify for the Foreign Earned Income Exclusion on Form 2555 (the other is the bona fide residence test). To meet it, an individual must be physically present in a foreign country or countries for at least 330 full days during any period of 12 consecutive months. This 12-month window does not have to match the calendar year and can straddle two different years. A full day means 24 consecutive hours, beginning and ending at midnight. Days you spend in the United States, and time on or over international waters while traveling, do not count toward the 330. Furthermore, qualifying requires a separate foreign tax home. A perpetual traveler who meets the day count but maintains a primary abode in the United States will fail the test. For the 2025 tax year, those who qualify can exclude up to $130,000 of foreign earned income from federal income tax. However, this exclusion applies only to earned income, and it does not reduce self-employment tax obligations. Individuals can review the foreign earned income exclusion details or consider professional help to confirm eligibility.
Source: https://expatcpatax.com/faq/physical-presence-test/

### Who might qualify for IRS Streamlined filing?
Generally, non-willful US taxpayers abroad who have failed to file required returns and FBARs may use the IRS Streamlined Filing Compliance Procedures. Willfulness, prior IRS contact, and individual facts matter. The core requirement is that the failure to file was non-willful, meaning a good-faith misunderstanding rather than deliberate evasion. A complete submission requires 3 years of tax returns and 6 years of FBARs. The program offers two distinct tracks: Streamlined Foreign Offshore Procedures (SFOP): This track carries a 0% penalty. Qualifying requires BOTH 330 or more full days outside the US in at least one covered year AND no US abode during that year. Where the non-residency test above is met, SFOP can be used to file delinquent returns for years you never filed. Streamlined Domestic Offshore Procedures (SDOP): This track carries a 5% penalty on the highest year-end aggregate value of those assets (Dec 31 balances, not peak intra-year), and it is for taxpayers who previously filed and must amend those returns on Form 1040-X. FBARs must be filed separately with FinCEN, not included in the IRS paper package. Because eligibility is highly fact-specific, taxpayers should confirm their non-willful status and consider professional help before proceeding. Individuals can screen their eligibility at streamlinedamnesty.com or review available streamlined filing options.
Source: https://expatcpatax.com/faq/streamlined-eligibility-basics/

### Do I owe US state tax while living overseas?
Whether you owe state taxes while living abroad depends entirely on your specific state domicile rules, which operate separately from federal provisions like the Form 2555 Foreign Earned Income Exclusion. While the federal government taxes based on citizenship, states tax based on residency and domicile. Some states release your residency when you move overseas and sever ties. However, sticky states (such as California, New York, New Mexico, South Carolina, and Virginia) make it notoriously difficult to break residency. They may continue to treat you as a resident for tax purposes if you maintain a domicile. Conversely, if your last residence was in a state with no income tax, you generally will not face state income tax obligations abroad. Even after you break residency, a state can still tax income sourced there, such as rent or gains from US property you keep, and the year you move usually requires a part-year resident return. States evaluate several factors to determine your domicile intent. Common ties include: Maintaining a state driver's license or voter registration. Owning property or keeping local bank accounts. The location of your immediate family. Because each state applies its own criteria, you should confirm your specific state rules before moving. You might consider professional help with your US expat tax returns to ensure you handle both federal and state filing requirements correctly.
Source: https://expatcpatax.com/faq/state-taxes-while-abroad/

### Are FATCA thresholds different for expats?
Yes. The Foreign Account Tax Compliance Act (FATCA) reporting thresholds for taxpayers living abroad are significantly higher than the domestic thresholds. For expats filing as single, the Form 8938 threshold is $200,000 on the last day of the tax year or $300,000 at any point during the year. For married couples filing jointly, these thresholds double to $400,000 at year-end or $600,000 at any time. Expats should confirm they are not mistakenly applying the much lower domestic thresholds, which are $50,000 ($75,000 at any point) for single filers and $100,000 ($150,000 at any point) for those married filing jointly. It is important to contrast FATCA requirements with the Foreign Bank and Financial Accounts Report (FBAR) rules. The FBAR filing threshold is a flat $10,000 aggregate across all foreign financial accounts at any point in the year. Because the FBAR threshold is much lower, a taxpayer may easily need to file an FBAR even when Form 8938 is not required. Additionally, the filing mechanisms differ. Form 8938 is attached and filed directly with the annual Form 1040 tax return. The FBAR is filed separately with the Financial Crimes Enforcement Network (FinCEN). Since a taxpayer can be over one threshold but not the other, it is wise to evaluate both obligations independently or consider professional help to ensure full compliance.
Source: https://expatcpatax.com/faq/fatca-thresholds-abroad/

### How is a Canadian RRSP taxed in the US?
Favorably, by cross-border standards. Under the US-Canada treaty, income accruing inside an RRSP is tax-deferred for US purposes, and since Rev. Proc. 2014-55 that deferral is automatic: no annual election is required. You pay US tax when you take distributions, coordinated with the Foreign Tax Credit. The reporting does not go away: an RRSP counts toward the FBAR $10,000 aggregate threshold and toward Form 8938 thresholds. The deferral protects the income, not the paperwork.
Source: https://expatcpatax.com/faq/rrsp-us-tax/

### Is a Canadian TFSA taxable in the United States?
Yes. The TFSA's tax-free status exists only in Canadian law; no treaty provision extends it to the US, so interest, dividends and gains inside a TFSA are taxable on your US return in the year earned. Holding Canadian mutual funds or ETFs inside one usually adds PFIC reporting on Form 8621 as well. Depending on how the account is documented, many TFSAs are formally trusts, which is commonly read to trigger foreign-trust reporting on Forms 3520 and 3520-A, where the penalties for missed filings are severe. The account also counts toward FBAR and Form 8938 thresholds. For many dual citizens the practical answer is that a TFSA is a fine Canadian account and a poor US-person account.
Source: https://expatcpatax.com/faq/tfsa-us-tax/

### How is Singapore CPF treated on a US tax return?
Unfavorably. There is no US-Singapore income tax treaty and CPF is not a qualified plan under US law, so employer CPF contributions are generally taxable compensation when made. The treatment of interest credited inside CPF is less settled: under the employees'-trust analysis (IRC section 402(b)), earnings are often deferred until distribution for rank-and-file employees, while other readings tax them annually, and preparer positions vary. The Foreign Earned Income Exclusion can absorb contribution income within its cap. What is not debatable: CPF balances count toward the FBAR $10,000 aggregate and Form 8938 thresholds. Singapore also has no totalization agreement, which separately exposes the self-employed to full US self-employment tax. (The same employees'-trust analysis applies to Malaysia's EPF and Hong Kong's MPF .)
Source: https://expatcpatax.com/faq/cpf-us-tax/

### Is Hong Kong MPF taxable for US citizens?
Generally yes, on the contribution side: there is no US-Hong Kong income tax treaty and MPF is not a US-qualified plan, so employer contributions are generally taxable compensation to a US person when vested. The treatment of account earnings depends on the trust analysis: under IRC section 402(b), earnings are often deferred until distribution for rank-and-file employees, with annual taxation applying mainly to highly compensated employees; positions vary between preparers. Hong Kong taxing none of this leaves little Foreign Tax Credit either way. MPF constituent funds you select are typically PFICs, which can add Form 8621 reporting. The accounts themselves are reportable on the FBAR once your aggregate foreign accounts exceed $10,000, and count toward Form 8938 thresholds.
Source: https://expatcpatax.com/faq/mpf-us-tax/

### Is Australian superannuation taxable in the US?
This is one of the genuinely unsettled questions in US expat tax: the IRS has never published guidance squarely addressing superannuation, and the US-Australia treaty does not clearly cover it. Practitioners commonly treat employer contributions and fund earnings as taxable to US persons under one of several theories (employees' trust, foreign grantor trust), and positions vary between firms. What is certain is the reporting: super balances count toward FBAR and Form 8938 thresholds, and some structures raise Form 3520 questions. If super is a large share of your wealth, this is a question for a preparer who will put their position in writing, not a checkbox.
Source: https://expatcpatax.com/faq/superannuation-us-tax/

### Is a UK ISA tax-free for US citizens?
No. The ISA wrapper is invisible to US law: interest, dividends and gains inside an ISA are taxable on your US return in the year earned. A stocks-and-shares ISA holding UK funds is usually worse than taxable, because UK-domiciled funds are PFICs, bringing Form 8621 and the punitive section 1291 regime. ISAs count toward FBAR and Form 8938 thresholds. A cash ISA is a mild annual tax leak for a US person; a fund ISA is a reporting problem worth restructuring.
Source: https://expatcpatax.com/faq/isa-us-tax/

### Are foreign mutual funds PFICs for US tax purposes?
Nearly always yes. Non-US pooled investments (mutual funds, most non-US-listed ETFs, many unit trusts and investment-linked insurance funds) meet the passive-income or passive-asset tests, making them Passive Foreign Investment Companies. Each PFIC generally requires its own Form 8621, though a de minimis exception excuses the filing when the aggregate year-end value of all your PFIC holdings is $25,000 or less ($50,000 married filing jointly) and there were no excess distributions that year. Small legacy fund positions often qualify, which can spare hundreds of dollars in per-form preparation fees. Under the default section 1291 regime, gains and excess distributions (the part of a year's distributions above 125% of the trailing three-year average) are thrown back across your holding period, taxed at the top ordinary rate for each year, plus an interest charge. Elections (QEF, mark-to-market) can soften this but must be made timely. The practical rule for US persons abroad: hold funds through US brokers, not local ones.
Source: https://expatcpatax.com/faq/pfic-foreign-mutual-funds/

### Do NRE and NRO accounts in India have to be reported to the IRS?
Yes. Both NRE and NRO accounts count toward the FBAR $10,000 aggregate threshold and Form 8938 thresholds, and the interest they pay is taxable on your US return. The trap is the NRE account: India exempts its interest, which leaves no Indian tax to credit, so the US tax on it is fully payable. NRO interest is taxed in India, and the Foreign Tax Credit can offset the US tax on that portion. Fixed deposits inside these accounts are the same story: reportable, and taxable as interest accrues or is credited.
Source: https://expatcpatax.com/faq/nre-nro-us-tax/

### How is Malaysia EPF treated for US tax purposes?
Less like a pension than people hope. There is no US-Malaysia income tax treaty and EPF is not US-qualified, so employer contributions are generally taxable compensation to a US person when made. The annual EPF dividend is the nuanced part: under the employees'-trust analysis (IRC section 402(b)), earnings are often deferred until distribution for rank-and-file employees, while some preparers tax them annually; the position should be consistent year to year. Malaysia taxes none of it, so there is little Foreign Tax Credit to absorb whatever the US taxes. EPF balances count toward FBAR and Form 8938 thresholds regardless of which income position is taken.
Source: https://expatcpatax.com/faq/epf-us-tax/

### Is foreign life insurance with cash value reportable to the IRS?
Yes. A foreign policy with cash surrender value is a foreign financial account for FBAR purposes and a specified foreign financial asset for Form 8938. Premiums paid to a foreign insurer are also generally subject to a 1% US excise tax, unless an income tax treaty with the insurer's country waives it, a detail most policyholders have never checked either way. Where it applies, it is paid on Form 720, the quarterly federal excise tax return, not on your Form 1040. Investment-linked policies common in Asia add a second layer: the funds inside them are typically PFICs, and policies that fail the US definition of life insurance lose the tax deferral US policies enjoy. Reportability is certain; favorable tax treatment is the exception, not the rule.
Source: https://expatcpatax.com/faq/foreign-life-insurance-us-tax/

## Constraints
Not legal or tax advice. General education only. Preparation services are provided by Capital Tax Limited. Not affiliated with the IRS or any prior owner of this domain.