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    confusionsays's Avatar
    confusionsays Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 7, 2009, 04:40 PM
    Foreign Tax Credit filing process
    I am a US citizen who has lived in London for over a year. I need to fill out a FAFSA for federal student aid back in the states, but before I can do this accurately, I need to do my taxes. So here are my questions:

    1. How does a US ex pat pay taxes from the UK? I know I need a foreign Tax credit from but I would imagine I need payslips to prove income earned. Does the UK provide a kind of W2 forms like in the states? I was a student last year and did not earning any income so this was avoided slightly.

    2. Where can I find a Foreign Tax credit form?

    Advice? Life savers? Buoys?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jan 8, 2009, 01:57 AM

    You must file your U.S. tax return. You do not need W2. You will need payslips or bank statements only when IRS has a question.

    You will claim credit for taxes paid in the foreign country by filing Form 1116. Read: Your U.S. Tax Return: U.S. Citizen or Resident with Foreign Income
    IntlTax's Avatar
    IntlTax Posts: 831, Reputation: 23
    Tax Expert
    		  
    #3

    Jan 9, 2009, 06:50 AM

    You can find Form 1116 at
    http://www.irs.gov/pub/irs-pdf/f1116.pdf

    And the instructions at
    http://www.irs.gov/pub/irs-pdf/i1116.pdf
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Jan 12, 2009, 12:52 PM
    I can prepare your return and email it to your by this weekend at the latest.

    Email me at the address below.
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