Thanks for joining us for the weekly expat tax news briefing! This week we’re talking about the 2017 US tax year and the April deadline, state tax returns, our Co-Founder’s feature in Sales Initiative, and German expat taxes.
State Tax Return Requirements
The US tax year has come to a close and the April deadline is on the horizon, so don’t forget that you may need to file a state tax return in addition to your Federal Tax Return! Some states are considered “sticky,” and those states have stipulations that make it more difficult for expats to cut ties. Read our guide to find out if you state is sticky or not!
The April deadline for US expat tax returns is only 25 days away! In order to avoid paying interest for the 2017 US tax year, you will need to file by April 17. If you haven’t filed yet, be sure to read our information on the expat deadlines so that you don’t end up paying more than you have to.
Greenback Co-Founder Carrie McKeegan featured in Sales Initiative
In case you didn’t know, Greenback Expat Tax Services is a 100% virtual company. That’s one of the reasons we are lucky to employ so many expats! Our Co-Founder Carrie recently published a list of tips for achieving excellence while operating virtually. Find out more!
IRS IRA Reminder
The IRS recently issued a reminder that you can still contribute to your IRA and claim the amount for the 2017 US tax year! Contributions up to $5,500 are tax deductible, but the distributions will still be subject to tax. Note that this would mainly help expats who have income not fully covered by the Foreign Earned Income Exclusion, to further reduce their income tax liability. Get the full details.
Expat Taxes in Germany
Germany is a popular destination for expats since it has a major hub for industrial and tech companies, and has beautiful national parks and historic landmarks. But how would your expat taxes change? Find out in our article as published by Expat Network. Self-employed? Don’t worry; we’ve covered your taxes as well.
Bring on the Weekend
That’s all the tax news we have this week. If you have questions about anything at all, just let us know!