US taxes filed.
From Australia.
The IRS requires you to file, no matter where you live. Expat accountants charge $5,000 or more. We make it simple.
Forms you might need to file:
FBAR alone has a $10,000+ penalty if missed. Australian super can trigger PFIC or foreign trust reporting.
Frequently asked questions
Do US citizens in Australia have to file US taxes?
Yes. The US taxes based on citizenship, not residency. You must file a US return every year reporting worldwide income.
What is FBAR?
FBAR (FinCEN Form 114) reports foreign accounts. If your Australian accounts exceed $10,000 USD at any point, you must file. Penalties exceed $10,000 per violation.
Will I be taxed twice?
Usually not. The Foreign Tax Credit lets you offset US tax with Australian tax already paid. You can also exclude up to $130,000 of foreign income.
How does super affect US taxes?
Australian super is treated as a foreign trust by the IRS, creating complex reporting. Employer contributions may be taxable as US income.
What's the filing deadline?
Expats get an automatic extension to June 15, with another extension available to October 15. Taxes owed are still due April 15.
What is FATCA?
FATCA requires reporting foreign assets over $200,000 on Form 8938. This is separate from FBAR and has different thresholds.
Why do expat accountants charge so much?
Expat returns involve 10+ forms and complex rules. Most CPAs charge $2,000-$5,000+. We're building software to handle this at a fraction of the cost.