How Do I Report My UK Income on My US Tax Return? 🇬🇧➡️🇺🇸
If you’re a US expat earning in the UK, the IRS still wants its share! Here’s what you need to know:
✅ Report ALL foreign income on your US tax return (Form 1040)
✅ Use the Foreign Tax Credit (Form 1116) to avoid double taxation
✅ File an FBAR if you hold £10K+ in UK bank accounts
#USExpatTax #DoubleTaxation #ForeignIncome #UKtoUS #TaxPlanning
📖 Free Expat Tax Planning eBook: https://zurl.co/vk2yr
