Ask TaxMama.Com Tax Information With A Mother's Touch Published by Eva Rosenberg, MBA, EA Volume 6, Issue 279        October 15, 2004

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Tax Pro Tips: Expat Tax Roger B. Adams, the enrolled agent in Lisbon, recommends that taxpayers overseas within the European Community who almost always automatically choose to use the foreign earned income exclusion, I suggest that they consider using the foreign tax credit method of avoiding double taxation. EU taxes are considerably in excess of US tax. This way they can take advantage of the Child Tax Credit (and others), and may make contributions to IRAs. Where US citizens are married to non resident aliens, I almost always suggest the NRA spouse gets an ITIN and elects under §6013(g) to improve the standard deduction and personal exemptions. Watch this URL for his upcoming site: http://www.TaxOverseas.com

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