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Old 11-17-2016, 09:23 AM
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Join Date: Nov 2016
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Streamlined program for foreign citizens

Hey

I am a US citizen, living abroad.

I did not know that i was obligated to file my tax returns and FBAR.

A few year ago, while i was a university student and I was approached by a company that promises to get tuition return by filling in my taxes.
so I filed my taxes for years 2010-2012.
Since then i did not file anything.
I did not know that i HAVE to file them.

FBAR status:
1. I have an obligation to fill FBAR since 2009 (foreign bank accounts with a total of more than 10,000$)
2. I have never filed an FBAR.

Tax filling status:
1. I have an obligation to file taxes since 2010 (before that i did not make more than 10,000$ yearly)
2. I filed for 2010-2012.
3. I don't need to pay taxes for those years (income is less than 100,000$)

What should i do ?
Do i qualify for the Streamlined program (since i already filed taxes in the past)?

Can i just simply file 3 years of tax returns and 7 FBARs online?


Thanks
Matti



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Old 01-18-2017, 12:55 AM
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Join Date: Jan 2017
Location: Houston, Texas
Posts: 19
Help with FBAR compliance

Given the potential exposure, you shouldn't discuss your specific factual situation in a public forum like this online. You should contact a U.S. tax attorney to walk you through your options. There are quite a few attorneys who do this work and the rules continue to change.



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