I have a question about completing Form 8854, that can perhaps be answered by anyone reading who has completed this form as a non-covered expatriate.
If one is *not* a "covered expatriate" (i.e. not covered by section 877A) then the instructions say that it is not necessary to complete either the Balance sheet or Income statement of Part V.
But what about Part IV line 2? "Enter your net worth on the date of your expatriation for tax purposes". This information ought not be required, since net worth is not a relevant factor for those who by reason of dual citizenship at birth are excepted from the provisions of 877A. Yet the instructions say for Part IV, "This section must be completed by all individuals who expatriated in 2013." and "Line 2 You can use the balance sheet in Part V (Schedule A) to arrive at your net worth." However, someone excepted from 877A is not going to be completing Part V.
Thoughts?
