Hi:
We've been in the UK since July 2018, and we have used my Pennsylvania based accountant to file our 2018, and 2019 US tax returns.
For one reason or another, he has gone AWOL, and it does not seem like he's going to be able to help us with our 2020 return.
So, I am looking into filing the 2020 return myself. But of course, I'm in unfamiliar waters, have lots of questions, and I am not sure what I'll be able to do, and not do.
Am I right in thinking it is possible for me to file my 2020 US return electronically? If so, I am guessing that a 'free file' program like Turbo Tax or others listed on the IRS site would work? (I read somewhere that UK-based American tax payers had to file paper returns but that may be wrong.)
I think everything is pretty straightforward. But I was wondering about a few things.....
We missed out on the 2nd stimulus payment, so I'd be trying to claim the recovery rebate credit. We also are not sure we've been getting the Child Tax Credit (s)(we have two kids 9 + 15), and I need to make sure to find out if we were eligible and/or missing out.
I understand the need to file FBARs to the IRS. Are those forms found on the IRS website separately, or would those forms be part of the tax return and found on the free file program?
I have been using a UK based accountant to help me with my self-assessment return for HMRC, but was wondering if anyone knows an accountant who is qualified to file both US and UK tax returns? (That may help streamline things?)
Thanks very much.
H