If you’re a US person who owns a Foreign Disregarded Entity (FDE) or operates a foreign branch, think a foreign LLC or sole proprietorship treated as disregarded for US tax purposes, there’s a good chance the IRS wants to hear about it. There’s no income threshold, so even if that entity had zero activity all…
The post Form 8858 for US Expats: What It Covers and Who Needs to File appeared first on MyExpatTaxes.

Read More