US Expat Airline Crew Taxes
US expatriates working overseas face many unique tax situations. Expat flight crew taxes can be especially complicated, so it is important that you work with a good CPA who can ensure your taxes are done right. You are a long way from home in a job that pays you well. It makes sense to have a good financial man like Bill Mish, CPA on your side.
Bill Mish is a US Certified Public Accountant and Dubai-based international widebody jet pilot living the same expatriate life you are. As such, he is uniquely qualified to handle your international expat taxes. Some of the issues Bill can handle for you are:
Foreign Earned Income Exclusion
Foreign Housing Exclusion
Bona Fide Residence Test
Physical Presence Test (330 day)
Employer Provided Housing
Housing Allowance and renting or buying overseas
Provident Funds and other offshore retirement accounts
US based Individual Retirement Accounts and Roth IRAs while overseas
Tax paid to foreign governments
Foreign Tax Credit
Duty flights back to USA or over international waters in airspace controlled by US air traffic control
Personal trips back to the USA
Foreign Bank Account mandatory reporting compliance
Social Security and Medicare issues
Foreign wives who are non US citizens or permanent residents
Family members remaining in USA
Renting out of US home while working abroad
Interest & Dividends received from US investments while working overseas
Interest & Dividends received from foreign investments while working overseas
Apportionment of expense deductions between taxed and non-taxed income
Partial years with US income & foreign earned income
Employee Expense Deductions
Estimated tax payments for high income earners who exceed the foreign exclusions.
Two month overseas extension
Six month automatic extension
Additional extension to meet bona fide resident or physical presence test.
Foreign subsidiaries of US Employers
The list goes on. . .
Bill Mish, CPA also handles non-flight crew expat individuals living & working overseas.
Click on the CONTACT tab for a phone number, email address, and Skype handle to reach Bill Mish, CPA. Fax is available as well -contact me for the number.