Frequently Asked Questions – Expat & International Tax

Q. 한국 은행 계좌도 FBAR 신고 대상인가요?
Yes. If the aggregate balance of all foreign financial accounts exceeded $10,000 at any time during the year, FBAR filing may be required, regardless of whether the account generated income.

Q. 해외 소득이 있는데 세금을 이중으로 내야 하나요?
Not necessarily. Many expats qualify for the Foreign Earned Income Exclusion (Form 2555) or the Foreign Tax Credit (Form 1116), depending on their situation.

Q. 처음 미국에 온 해에는 어떻게 신고하나요?
First-year filers may be required to file a dual-status tax return. Each situation is fact-specific and should be reviewed individually.

Q. 예전에 FBAR를 안 했는데 지금 신고해도 되나요?
There may be IRS-approved options such as Streamlined Filing Compliance Procedures, depending on the circumstances.