The tax returns for my half sister were pretty easy, though we still don't know if she filed 2016 or not. Seems she got skipped a year. She can't find any docs for it, nor can her accountant. She tried to request transcript online and over the phone, with the IRS, but no luck, I'm guessing because she lives out of the U.S. So, she is requesting by mail. Or maybe we should just file it. She seems pretty organized and if she had filed it would have a copy.
The other part I don't have any familiarity with is her accountant filed an "FBAR" filing for her every year too, so I need to figure out how that works. Something to do with reporting she has a foreign bank account, but only if balance ever exceeds $10,000.
IRS tax forms are ridiculous. I had her 2017, and 2015 to see as an example. On that short and easy 1040 form there was spots to list your foreign address. In 2018 if you had a foreign mailing address, you had to fill out another form, just for that, to attach. Then 2019 it went back to like 2017. The form 2555-EZ to report her foreign earned income/exclusion changes every year, too. But for the most part it's just reporting her income, then showing it as a deduction to zero out her taxable income, so she doesn't owe the US anything (God knows she's already probably pays a bunch to Canada).
She is eligible for the US stimulus money. I was telling dd about that and she's like no offense, but that just doesn't seem right! I said I know. She's lived in Canada since a little kid and has never had to pay a dime in US taxes. I said I'm chalking it up as "reparations for having a really crappy U.S. Dad" LOL!! One that never paid her mom any child support, just like he never paid my mom.
It was sunny and warm yesterday so dh quickly got a lawn mowing in. Good thing, as it's back to rain, or at least it rained last night.
Last night dh watched some racing channel he subscribes to on his computer and I watched the season finale of Manifest. It was a 2 hour show and quite the cliffhanger. I read that NBC still hasn't renewed it for a season 4. I'm going to be really mad to have watched this show for 3 seasons and not find out what it is all about, LOL.
I'm still debating on a new ipad or ipad mini....or just get a kindle reader....I don't know. I have loved my ipad mini all these years, but it can barely do anything now, it's so old. I tried using my moms, but it's not much newer, though is better. But, still too old to like download some apps. But, I can get YoutubeTV on it, so sometimes use it to watch shows, when I don't want to turn on the big tv. I still use my ipad mini for reading ebooks from the library. and some for looking at Facebook while I'm chilling in the evenings, but half the time I look at my phone instead. It's like I have 3 devices, which is getting annoying. I have read that the kindle is best for just reading and best on the eyes. But, my ipads are too old now to update for many apps now.
Well, time to shower and do house cleaning.
Taxes seem equally baffling regardless of the country's. I just want them to be used for the good of all humankind. If your sister ever visits the US, maybe she'll spend over what she received in the stimulus. We got out daughter an $99 Samsung Galaxy tablet after her Ipad min she got Christmas 2013 wore out. So far she has been happy with it. I doubt she'll get nearly 7 years form it, but if she gets a few years, I'll be happy.
ReplyDeleteshe has taken a few US vacations, but it's been quite a few years. We share a lot of similar traits, she's a homebody, like me, LOL.
DeleteI just yesterday prepared my oldest's US tax return. I'd already done the youngest's a couple of days ago and I know what you mean about the changing forms. Form 2555-EZ (or no longer EZ). It's all Dutch to me but they have to file so better to get it done. It's ridiculous actually because youngest earns a pittance (less than $20,000) and all that paperwork! Now I just have to get the oldest to do his French taxes!
ReplyDeleteWere your sons born in US or are just considered citizens due to dad being US citizen? I don't know how all that works, but wondering about my half sisters 2 daughters, born in Canada, though. Your sons shouldn't have to file if they are under the minimum income filing threshold. For 2020 it was $12,400, but would want to file 2020 to get the stimulus $
DeleteMy oldest was born in the States and I registered him at the British consulate also. The youngest was born in Switzerland (but is not entitled to Swiss citizenship) so my husband and I registered them both at our respective consulates. It's my understanding that as U.S. citizens they have to file regardless (although they are not double-taxed). It's a pain in the butt but they have both filed since they started earning - and then of course they have to file in France also.
DeleteI'm sure a lot of people are filing to get the stimulus check. I hope they don't regret it. lol
ReplyDeleteYou should get the ipad mini. That's what I think;)
Have a good weekend!
I do love my ipad mini :)
DeleteI am surprised that a person in Canada can get the stimulus.
ReplyDeleteapparently you just need to be a US Citizen, doesn't matter where you live.
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