Search found 7 matches

by basil
Sun Jun 17, 2012 11:05 pm
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

[quote="testone"]I agree that you need to file the 8854, but if you expatriate in 2010 and fail to file the 8854 your are not obligated to file US tax returns in 2011.[/quote]

We have done that. 2011 US tax return has been filed, as required.
by basil
Sun Jun 17, 2012 11:04 pm
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Update on filing of 8854

[quote="Dalthien"][quote="testone"]The rule that you had to file 8854 to stop being subject to US tax was in section 7701(n). This rule was repealed in 2008.[/quote] Yeah, but it was simply replaced with Section 877A and the amended section 7701. The very first part listed under ...
by basil
Sun Jun 17, 2012 6:05 pm
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Your update comment on 8854 filing

[quote="Dalthien"]The consular officer that you spoke with was technically correct, but he left out part of the story. Once you take your Oath, you are still not officially expatriated until the State Department issues the Loss of Nationality Certificate. But once they do issue the Certifi...
by basil
Sun Jun 17, 2012 10:33 am
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Filing of tthe 8854

[quote="Dalthien"]The filing of 8854 is based on the date that you officially took the Oath of Renunciation in front of the officer at the Consulate. In most cases, there are two separate meetings at the Consulate, an initial meeting where they go through the forms with you, and then a 2nd...
by basil
Sun Jun 17, 2012 12:05 am
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Audit prior to expatriation

[quote="Mach7"]When you say the tax compliance part was the most difficult...i am assuming you are in the same boat many of us were in and had to file back returns? If so, did they single you out for an audit prior to expatriation?[/quote] We are in the middle of filing our 2011 and last U...
by basil
Sat Jun 16, 2012 11:04 pm
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Aproval of request for expatriation

[quote="Mach7"]i am curious as to how they 'approve' someones expatriation and why it took a year for the 'approval'.[/quote] The application for expatriation process is a rather long story. The first formal step is to book an appointment to meet with a US Consular official to initiate the...
by basil
Sat Jun 16, 2012 3:50 pm
Forum: Canada / United States Tax & Accounting
Topic: Completing IRS form 8854
Replies: 17
Views: 20989

Completing IRS form 8854

Trying to complete IRS form 8854 to complete expatriation of US citizenship procedure. Met with US consul in Dec. 2010., to initiate expatrition process.Expatriation was approved by US Department of State in Dec 2011 8) Wonder if I should complete Version 2010 of 8854 or version 2011 of 8854? 8)