All U.S. citizens and permanent residents (Gree

All U.S. citizens and permanent residents (Green Card holders) are required to file U.S. income tax returns if they have gross income that exceeds certain minimum thresholds – see below for 2016 tax year:

 

Single, Under 65: $10,300

Single, 65 or older: $11,850

Married, Filing Jointly, Under 65 (both): $20,600

Married, Filing Jointly, Under 65 (one): $21,850

Married, Filing Jointly, 65 or older (both): $23,100

Married Filing Separately, Any age: $4,000

Head of Household, Under 65: $13,250

Head of Household, 65 or older: $14,800

Qualifying Widow(er) with dependent child, Under 65: $16,600

Qualifying Widow(er) with dependent child, 65 or older: $17,850 

 

U.S. expats are required to report worldwide income (regardless of location). Unfortunately, many are not aware of this fact, and do not file – only be audited by the IRS, at which point they are subject to penalties and interest.