Federal Tax Return Preparation

Greenback Expat Tax Services offers flat-fee, transparent pricing. The fee for expatriate tax return preparation is $485. This fee includes the common schedules and forms that are required to be filed with your Federal tax return. Learn more about our Federal tax return preparation services, the forms included, and our guarantees.

No matter the situation, US expats will need to complete Form 1040, the same form you would need to file if you were living in the US.

In addition, US expats will also want to complete Form 2555 (Foreign Earned Income Exclusion) and/or Form 1116 (Foreign Tax Credit) to take advantage of the tools in place to avoid double taxation.
The schedules you need to file will depend on your personal circumstances, but the most common ones are:

• Schedule A for itemized deductions
• Schedule B for interest and dividend income
• Schedule C for income and expenses from self-employment
• Schedule D for capital gains or losses
• Schedule E if you own a rental property

If a US expat is associated with any foreign financial accounts where the cumulative balances exceeded $10,000 at any time during the tax year, a Foreign Bank Account Report (FBAR) must be filed with the US Department of the Treasury. The FBAR filing deadline has changed to follow the Federal filing deadline of April 15th, but US expats receive an automatic two-month extension until June 15th.

Our standard Federal Tax Return was built as a package to include forms that most expats need, in one flat fee, with no surprises. As far as the forms we include in our standard Federal Tax Return, here is a comprehensive list:

• All standard expat forms:
  • 1040
  • 1116
  • 2555
• All standard schedules:
  • A
  • B
  • C (profit and loss from self-employed business)
  • D
  • E (one rental property)
  • up to three Schedule K-1s
  • up to 20 bank and brokerage transactions

We’re really proud of our pricing, as we offer fixed and transparent fees which means you never have to worry about surprises on your bill! All our fees are listed here: https://www.greenbacktaxservices.com/expat-tax-pricing/

This is where the magic happens. Within one business day after you sign up, you’ll be introduced to one of our awesome accountants who will fully review your situation, answer any questions you may have and work to ensure your tax return is accurate and uncovers all the best opportunities for savings and deductions.

We do not prepare tax returns for other counties. However, because so many of our clients are Americans living in Canada or the United Kingdom, we have partnered with accountants who can prepare your Canadian or UK tax returns. You can reach out to our partners by filling out the forms linked below.

Canadian Tax Preparation

UK Tax Preparation

In short, the answer is yes. We have found that in many foreign countries (especially in the Middle East where they have no income tax), the documentation that comes along with your income (if you receive any documentation at all!) can be very different from what you would receive in the US. Fortunately, our experience in dealing with these types of situations allows us to  file your US return anyway.

In situations like these, we will ask that you provide your total income and the total taxes paid. We will also need information on any other income and/or expenses paid out – this would include bank interest and dividends, school payments, childcare expenses, housing costs, etc. Lastly, any proof of employment would help. A statement from your employer which states you are employed will help, should the IRS question your non-W2 income. Having copies of your bank statements that show the deposits you receive from your employer is another good idea.

Generally, once you start working with a preparer, they will request any other necessary information. As each situation is different, these documents may vary depending on the circumstances!