If you need to prepare a U.S. tax return, you must first confirm your status and your U.S. tax obligations. Below is a simple guide we have prepared to help you determine whether you need to file a U.S. tax return.
Step 1. Confirm your status:
- U.S. citizen (regardless of where you live)
- U.S. resident, including:
- Green Card holder (lawful permanent resident)
- Foreign national who meets the substantial presence test
- Nonresident alien, but required to file if you have U.S.-source income or a U.S. partnership interest”
Step 2. Confirm whether you have a U.S. tax filing obligation:
- You must file a U.S. tax return if your worldwide income exceeds the minimum filing threshold.
- You must file an FBAR if you meet the foreign account reporting requirements.
- You must file under FATCA if you meet the foreign asset reporting requirements.
USCPA Sophie Luo (羅霞) reminds you that if your annual income reaches the filing threshold, you are still required to file a U.S. tax return even if your calculated tax liability is zero. Failure to file as required may result in penalties for underreporting income.
Read more: What Should I Do if I Didn’t File US Taxes Before?
If you have any questions or need any further help,
please contact us at the USCPA Sophie Luo (羅霞) +886 980919600
or Email: ustaxproservice@gmail.com
Also welcome to visit our website: https://www.ustaxproservice.com
(USTAX Service LLC)