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TAX QUESTIONNAIRE FOR NONRESIDENT ALIENS (ALSO FOR US CITIZENS/GREEN CARD HOLDERS WHO TERMINATED THEIR US CITIZENSHIP/RESIDENCY) Kauffman Nelson LLP, CPA's Indicate with year this is for if not 2023
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How to fill out nelsons us expatriate tax

01
Gather all necessary documents such as W-2 forms, 1099 forms, and any other income or deduction documents.
02
Fill out Form 1040, reporting all income earned within the United States as well as any foreign income.
03
Complete Form 8938 to report foreign financial assets if applicable.
04
Determine if you qualify for any deductions or credits related to expatriate tax status.
05
Submit all completed forms to the IRS by the designated deadline.

Who needs nelsons us expatriate tax?

01
US citizens living abroad who earn income both within the United States and internationally.
02
US citizens who have renounced their citizenship but still have financial ties to the United States.

What is Nelson's U.S. Expatriate Tax Service Site Index Form?

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Nelson's US expatriate tax refers to the tax obligations and regulations that apply to U.S. citizens or resident aliens who relinquish their citizenship or long-term residency and may have special tax implications due to their expatriate status.
Individuals who are considered expatriates, including U.S. citizens and long-term residents who have given up their citizenship or residency, and who meet certain income and asset thresholds are required to file Nelson's US expatriate tax.
To fill out Nelson's US expatriate tax, individuals typically need to complete specific IRS forms such as Form 8854 and report their expatriate status, income, assets, and any applicable tax liabilities.
The purpose of Nelson's US expatriate tax is to ensure that individuals relinquishing their US citizenship or long-term residency fulfill their tax obligations, including any exit taxes on unrealized gains, before officially completing the expatriation process.
The information that must be reported on Nelson's US expatriate tax includes the individual's income, assets, tax liability, and any applicable gains from the sale of assets, as well as details confirming compliance with U.S. tax obligations.
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