Ive been living in the UK for six years and didn’t know I had to file taxes in the USA! 😩 From looking up a few options, it seems to cost circa £500 for each late filing with a tax accountant. Has anyone done it through the Turbotax software? Any advice to get it done cheaply?

Posting as :
works at
You are currently posting as works at

Insert sad trombone...renouncing citizenship is the only way to get rid of obligation to file (and pay).

Related Posts

How do we buy corporate bond in India? Reliable platform as well plz

I started tracking my net worth back in 2016 when I was 23. Currently 28 now and am fortunate to have had a bull market for the last 8 years or so (along with a $200k inheritance at 21) I’m currently a CPA and am interested in helping out anyone regarding any financial advice (free of charge, not a financial advisor) If you have any basic financial questions or want to chat about anything feel free to comment. I’m honestly willing to offer any advice that I can!

Post Photo
likeupliftinghelpfulfunnysmart

I’m trying to buy my first house and my wife and I have a few IRAs from previous employers (Roth and non Roth). I read I won’t be penalized if I take out upto 10k from my IRAs for a first time house (except for taxes on the non-Roth accounts). Anyone know how true this is, how the process works, or have any advice? Is it a good idea

like

Was there ever a time you wanted to give up being a real estate agent?

like

Based on the Gross salary offered I have calculated the in hand salary per month would be around 152000 considering 150000 in 80C, 50000 in NPS and 200000 deductions due to home loan interest. Total tax liability is around 400000. Any other options do I have to save tax further (other than HRA, LTA)? Thanks in advance.

Post Photo
like

Received less salary this month also. (Same amount as last month)
Why is this happening? Too much tax 🥵

like

Hi everyone, any tips for resignation letters, who to meet/tell first, what to do before your last day (i.e. anything adulty like 401K or healthcare)? Any insights would be greatly appreciated!

like

Has anyone been looking for/bought a house in the last couple years?

What kind of down payment / interest rate did you find?

like

Haha Merrill just reduced the pc payout grid by 3% for advisor below $2m in production

like

so every single major dip the last 4 months have been magnified by the use of leverage. If btc drops “naturally” by 5%, but liquidations are in the billions (which they have been), then that 5% drop turns into 15%. Over leveraged apes are literally screwing it up for all of us more than just themselves. Frustrating but also somewhat positive news that onchain analytics, fundamentals, and general TA are still in play. We’ll see what happens because I don’t think these levered traders will stop

like

Not law quite law related but I could use some input: anyone have any luck negotiating lease pricing with a corporate landlord? I originally signed and got covid pricing and now they want to hit me with a 17% increase bc of inflation 🙃

like

Having trouble opening a new bank acc (eg Marcus by GS, Ally) as I‘ve only been in US for a few months and have no credit history. Any international fish have tips to circumvent?

Going with a solo 401k so I can borrow 50k if I need it for buisness purposes in the future with no questions asked and fast what companies should I look at?

likesmart

Anyone has any credible info on Stream space ICO? Apparently they sold 48mil coins and do you know how can an American can participate in this ICO?

Does 401k count as savings?

likefunny

At least Ye is actually selfmade without a million dollar loan from daddy.

like

I can do the math on SWR’s, but always happy to have the input of this forum, be it positive, constructive, or a really unique perspective. I’ve been lurking on a FIRE journey for a while, and here is where I am:
2.3M in retirement assets (30% have been taxed)
8k a month in expected expenses…continued in comments

like

hi Sharks

Can anyone help me what will by my inhand salary for CTC 31.5 Lakh((No variable) fixed ctc and i have home loan and life insurance of more then 1.5 Lakh
Employwr contribution to PF is 9450 monthly and i think same goes from my contribution as well

like

Anyone here refinance successfully with SOFI after I-140 was approved by I-485 is pending?

like

More Posts

Guys I am from Texas, USA. The last time I appeared for an interview was 10-11 years ago. I work in Java and related tech. I am also AWS certified (architect associate) but don't have much experience with it. I create small stuff on AWS for my personal learning. I am looking to switch jobs in the next 6 months so I want to use this time to prepare but not sure where to start? Any guidance on what to prepare etc? Like What skills are must have,
What skills are good to have, etc

Has anyone at EY recently paid for premium processing of their i-140? How soon did you get you receipt and receive your decision?

like

Those who tuned into KPMG town hall, thoughts?

like

Coronavirus and health: has your alcohol consumption gone up during the pandemic? This pandemic had encouraged me to quit for good now.

like

I know every holding company has different titles but trying to understand SVP, EVP GAD or executive director of media (or equivalent ) salaries at an agency in Chicago.

likehelpful

What is the organisation offering to qualified CAs for Associate/ Experienced Associate/ Senior Associate position (Assurance) at Bangalore location?

like

External Audit - 10 LPA current CTC 4 YOE Senior

Offers:
Pwc SDC hyderabad- 11.5 fixed and 2lakh joining bonus
BDO RISE hyderabad - 12.5 fixed and 50k joining bonus

Which one to select

Hello all,

I am looking for a referral in
Accenture .
Please help me know if anyone can help out.

like

Worth buying a linen blazer for the summer or just getting a super fine wool (s110 or s120) blazer for all seasons?

Confronted client today about partner forcing us to travel while client site has travel restrictions. As a result is team is remote next week. Counting down days till I get rolled off/fired now lol

like

Who are the top consulting firms for each of the type of work in Pharma?

Corporate strategy -
Portfolio + brand level strategy -
Sales & marketing strategy -
R&D strategy -
Transactions / M&A strategy -
Analytics -

Feel free to put more than 1 firm in each category :)

like

What programs do my fellow HR managers recommend as far as personality assessments for hiring ?

like
like

Convincing compliance team doing manual work to leverage technology

Post Photo
likefunny

What's the probation period in LTI?

My utilization went to 50 in IBM, I think I have taken paternal leave since it went down. My manager put my as PIP improvement goal in checkpoint.
Need to know how to bring this up and is that my job is under risk? Band 7b

like

Any opening in accounts and finance

like

Anyone start later in life? About to turn 32 and my retirement savings are sad.

like

Hi sharks, any hints on the VP salary at MS&C

like

Additional Posts in American Expats

Relocating to work in NYC, and looking for a place to live with an excellent school system. Willing to commute up to 2hrs. Any recommendations (cities, counties, zip codes, etc.) will be much appreciated.

London, 2-year secondment

Working abroad or wanting to move?

My fiancé moved abroad for med school. Long distance is hard but I love my job, the work, the people, and the culture. I wish there were roles where you could work abroad. I wish I could work here forever, but I’ll likely need to switch to a firm that allows working abroad at some point to save the marriage. I’m afraid to tell anyone because I want to maximize my time/contribution here. Thoughts? Advice? Does anyone know of good firms that allow abroad work?

Anyone in Hong Kong/Singapore? Looking for new opportunities in those places

Is anyone here an expat in New Zealand?

Has anyone transferred to Switzerland? How was the job search and visa process? I need to move there since my gf needs to move back from a rotation in the US.

Has anyone tried to build credit in a foreign country prior to relocating?

Opportunity to work in Argentina. I have a spouse and two year old. What questions should I be considering before making a decision?

I’m looking to become an expat. Does anyone know of positions hiring with relocation?
About me:
- US citizen
-MBA grad
- Data Visualizations and business intelligence

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal