Hi,
I'm a dual US-UK Dual Citizen (originally from US, living in the UK since 1999, UK citizen since 2008) who files US taxes as Married Filing Separately. I have no US income, and I have a full-time job in the UK (taxed via PAYE). I earn less than $91,000 a year, and my husband earns less than me.
My UK citizen husband and I are looking to buy our first home in the UK. I'm wondering if for US tax purposes, there is anything that I should be thinking about? For instance, if we buy our house jointly, how will that impact on my US taxes? Would we be better off with the house being entirely in his name as he has no obligation to file US taxes? We will be paying equal amounts for deposit and for our mortgage payments. To complicate tax matters, we are also expecting our first child in February 2012.
I'd be grateful to hear any thoughts or experiences of other ex-pats! Many thanks!
