FBAR
FBAR
Doing my taxes and I see they changed the name of a form, had to laugh. And had to cry as I only barely have enough money here to have to even bother.
http://www.irs.gov/Businesses/Small-Bus ... ounts-FBAR
The IRS really is Foreign Bank And financial account Reported beyond all recognition.
http://www.irs.gov/Businesses/Small-Bus ... ounts-FBAR
The IRS really is Foreign Bank And financial account Reported beyond all recognition.
...and now his Head was full of nothing but Inchantments, Quarrels, Battles, Challenges, Wounds, Complaints, Amours, and abundance of Stuff and Impossibilities.....
Cervantes, Don Quixote
Cervantes, Don Quixote
- The Other Dave
- Destroyer of Worlds
- Posts: 5113
- Joined: Tue May 18, 2010 3:46 am
- Location: Nagoya
- Contact:
Re: FBAR
Ugh, thanks for reminding me. Don'cha love being a citizen of the only country in the world that requires payment of income tax on income earned entirely abroad?
Feel free to call me Dave!
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Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry
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Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry
Re: FBAR
Whoa! You mean you make more than 90 grand a year? You can exclude quite a bit of foreign income you know!The Other Dave wrote:Ugh, thanks for reminding me. Don'cha love being a citizen of the only country in the world that requires payment of income tax on income earned entirely abroad?
...and now his Head was full of nothing but Inchantments, Quarrels, Battles, Challenges, Wounds, Complaints, Amours, and abundance of Stuff and Impossibilities.....
Cervantes, Don Quixote
Cervantes, Don Quixote
Re: FBAR
I seem to recall something from my history lessons about taxation and representation. You must represent a taxable source of income I guess.The Other Dave wrote:Ugh, thanks for reminding me. Don'cha love being a citizen of the only country in the world that requires payment of income tax on income earned entirely abroad?
Painted Minis in 2014: 510, in 2015: 300, in 2016 :369, in 2019: 417, in 2020: 450
- The Other Dave
- Destroyer of Worlds
- Posts: 5113
- Joined: Tue May 18, 2010 3:46 am
- Location: Nagoya
- Contact:
Re: FBAR
Well, you have to file every year regardless, which is the PITA part.Konrad wrote:Whoa! You mean you make more than 90 grand a year? You can exclude quite a bit of foreign income you know!The Other Dave wrote:Ugh, thanks for reminding me. Don'cha love being a citizen of the only country in the world that requires payment of income tax on income earned entirely abroad?
Feel free to call me Dave!
-----
Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry
-----
Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry
Re: FBAR
True, true. I just tried to do it with the "free" outfit from the IRS website I used the last couple years. Push e-file and "That's 39.95 please." I wrote customer service (Who got back to me within minutes. kudos for that) and was informed that it's free only for new users, and I'll have to cancel and sign up again via the IRS portal for free service. Bit of a bait and switch there. I canceled all right. A PITA indeed.The Other Dave wrote:Well, you have to file every year regardless, which is the PITA part.Konrad wrote:Whoa! You mean you make more than 90 grand a year? You can exclude quite a bit of foreign income you know!The Other Dave wrote:Ugh, thanks for reminding me. Don'cha love being a citizen of the only country in the world that requires payment of income tax on income earned entirely abroad?
...and now his Head was full of nothing but Inchantments, Quarrels, Battles, Challenges, Wounds, Complaints, Amours, and abundance of Stuff and Impossibilities.....
Cervantes, Don Quixote
Cervantes, Don Quixote
- The Other Dave
- Destroyer of Worlds
- Posts: 5113
- Joined: Tue May 18, 2010 3:46 am
- Location: Nagoya
- Contact:
Re: FBAR
Yeah, paying 40 bucks for the pleasure of being told you don't owe anything seems... Well, I dunno, you're paying for convenience I guess. Still.
Feel free to call me Dave!
-----
Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry
-----
Miniatures painted in 2023: 252
Miniatures painted in 2024:
Epic scale: 9 vehicles, 56 stands of infantry, a whole buncha terrain
32mm-ish: 16 infantry