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pinaymentor
Joined 2009
Posts: 206

Important Forms to file for US Citizens

13 years ago

To all US Citizens anywhere in the world, if you had an aggregate amount of at least $10,000 in a financial institution outside of US, you have to file FBAR form: http://www.irs.gov/pub/irs-pdf/f90221.pdf

article from IRS website:
http://www.irs.gov/businesses/small/article/0,,id=148849,00.html

Please take note of the rules, regulations and penalties. You may be exempt from filing the 1040 form (http://www.irs.gov/pub/irs-pdf/i1040.pdf), but you still had an aggregate of $10,000, you still have to file the FBAR.

Plan well. eat well. insure well. live well.

Pinaymentor

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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