Absolutely, you belong to the IRS as long as you h
Absolutely, you belong to the IRS as long as you hold a US Passport.
If your world wide income falls below the reporting minimum, you are not obliged to file, although this is recommended for a couple of reasons.
You will be required to file a report listing bank and security accounts in any year where the total value exceeds $10,000, even if you are not required to file an income tax return.
If you work abroad, you may be able to claim an "Earned Income Exclusion" on your wages, but not on bank account interest, rental income or other income that is not "earned" by "working".
Other countries are more understanding than the American IRS
If your world wide income falls below the reporting minimum, you are not obliged to file, although this is recommended for a couple of reasons.
You will be required to file a report listing bank and security accounts in any year where the total value exceeds $10,000, even if you are not required to file an income tax return.
If you work abroad, you may be able to claim an "Earned Income Exclusion" on your wages, but not on bank account interest, rental income or other income that is not "earned" by "working".
Other countries are more understanding than the American IRS
xxx