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Tax Guide for U.S. Citizens and Resident Aliens Abroad

Exam Questions: 20
Course Level: Basic
Pages: 116 | Content: 112, Supplemental: 4
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7320F

This course covers special tax rules for U.S. citizens and resident aliens who work abroad or who have income earned in foreign countries. As a U.S. citizen or resident alien, a taxpayer's worldwide income generally is subject to U.S. income tax, regardless of where the taxpayer is living. Also, the taxpayer is subject to the same income tax filing requirements that apply to U.S. citizens or resident aliens living in the United States. All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00406-21-S

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Course Information

Table of Contents
  • Introduction
  • Filing Information
  • Withholding Tax
  • Self-Employment Tax
  • Foreign Earned Income and Housing: Exclusion - Deduction
  • Exemptions, Deductions, and Credits
  • Tax Treaty Benefits
Objectives
  • To identify general filing requirements for taxpayers out of the country
  • To identify different types of tax withholdings for U.S. citizens and resident aliens living abroad
  • To identify who needs to pay self-employment tax
  • To identify the requirements for the foreign earned income and housing exclusions and the foreign housing deduction
  • To identify personal exemptions that can apply to resident aliens
  • To identify some of the common tax treaty benefits

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