Form 8854 is used by individuals who have expatriated on or after June 4, 2004. Information about Form 8854, Initial and Annual Expatriation Statement, including recent updates, related forms, and instructions on how to file.

Form 8854 Department of the Treasury Internal Revenue Service Initial and Annual Expatriation Statement For calendar year 2024 or other tax year beginning, 2024, and ending, 20 . Go to . www.irs.gov/Form8854 . for instructions and the latest information. Please print or type. OMB No. 1545-0074. 2024. Attachment Sequence No. 112. Name

Form 8854 is used by expatriates to certify compliance with tax obligations in the 5 years before expatriation and to comply with their initial and annual information reporting obligations under section 6039G.

Jan 12, 2021 · What is the Purpose of Form 8854? Form 8854 certifies to the IRS that an expatriating taxpayer has complied with U.S tax obligations for at least five years before their expatriation, such as filing all U.S. income tax returns and paying any tax owed.

Form 8854 Beginner's Guide with Common Filing Examples. GOLDING & GOLDING, BOARD-CERTIFIED TAX LAWYER SPECIALIST.

Oct 25, 2022 · Tax form 8854 is the form every U.S. citizen or long-term resident needs to file before giving up their U.S. citizenship/residency for good. It shows that you are not a covered expatriate and proves to the U.S. government that you’ve settled all your tax bills.

Mar 7, 2024 · Form 8854, the Initial and Annual Expatriation Statement, marks the conclusive stage in breaking ties with the U.S. tax system. At 1040 Abroad, we specialize in navigating the complexities of Form 8854, offering the insights needed to finalize your departure from U.S. tax obligations confidently.

Feb 9, 2024 · Form 8854, also known as the Initial and Annual Expatriation Statement, is a document that the IRS requires US citizens and long-term residents to file if they have expatriated or terminated their long-term residency.

Feb 17, 2025 · Form 8854 is an IRS tax form used to show that you have settled your US taxes once and for all. Until you’ve done this, the US government will consider you a citizen for income tax purposes and expect you to continue filing US taxes.

Feb 14, 2024 · Form 8854, officially titled the "Initial and Annual Expatriation Statement," is used by U.S. expats who have renounced their U.S. citizenship or long-term residents who have ended their residency status.