Tag: Worldwide Income

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How to Report Foreign Rental Income When You File Taxes

March 21, 2022 1 Comment

If I own foreign rental property, do I have to include the income when I file my US taxes? The answer is yes, although it depends on your tax residency status. Read the rest of the post for the details on how you go about figuring this out and what to do with your foreign rental income.

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How to File Taxes the First Year as an Immigrant

February 16, 2022 2 Comments

Filing taxes the first year in the US as an immigrant or as a non-US citizen is not for the faint of heart. You need to figure out your filing status, in addition to understanding different concepts in the tax code. This post discusses what you need to keep in mind as you go through the process.

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