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    swei's Avatar
    swei Posts: 5, Reputation: 1
    New Member
    		  
    #1

    Oct 15, 2012, 11:35 PM
    About expatriation tax
    If one became US "covered expatriate" due to failing to file tax returns and FBARs, though no tax was owed, and has a bank deposits of 700000 USD without ANY other assets (stock, house.. etc). What would be his expatriation tax?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Oct 16, 2012, 09:36 AM
    Also a homework question since it was posted by the same OP.
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