US tax return 2025 Free potential analysis

For US citizens and green card holders living in Europe · 21 articles

You live in Europe. America still wants your tax return.

The US taxes its citizens and green card holders based on citizenship, not residence. FBAR, FATCA, the Foreign Tax Credit, European funds treated as PFICs and child benefits alongside the Child Tax Credit: Mount Bonnell Advisors brings both sides together.

Here you'll find our guides for Americans, dual citizens and Accidental Americans living in Europe.

All articles on US taxes for Americans abroad

US tax obligations abroad: what your US passport demands every year If you live in Europe as a US citizen or green card holder, you file a US tax return every year. What it involves, what gets reported and when. Read more → Never filed a US tax return? Check Streamlined first Why Accidental Americans should have the Streamlined Procedure reviewed before filing their first US tax return. Read more → Renouncing US citizenship: the path for Accidental Americans How Accidental Americans give up US citizenship. Consulate, exit tax, Streamlined and Form 8854. Read more → Brokerage accounts for US citizens in Europe: banks, ETF savings plans and PFIC Where US citizens in Europe can open a brokerage account, why European funds count as PFICs, and what to know about US funds and individual stocks. Read more → US exit tax: when leaving triggers a deemed sale Who counts as a covered expatriate, how the exit tax taxes the deemed sale, which exceptions apply and why Form 8854 decides everything. Read more → FATCA in Europe: what your bank reports about you to Washington What European banks report about US clients under FATCA, what the W-9 is for and what applies if your account is closed. Read more → FBAR reporting: why Washington wants to know about your account in Europe If you're a US citizen or green card holder with accounts in Europe, you report them to the US Treasury every year. Threshold, accounts, exchange rate and deadline. Read more → Filing late FBARs: which way back fits your case Missing FBARs? Which way back fits your case, what penalties the law provides for and how many years you need to catch up on. Read more → FEIE or Foreign Tax Credit: which method protects your salary Foreign Earned Income Exclusion or Foreign Tax Credit? What each method does for your salary in Europe, what it costs and when you can switch. Read more → Your own company as a US citizen: CFC, Form 5471 and GILTI What owning a European company triggers for US citizens: CFC, Form 5471, Subpart F, GILTI and the rules from 2026. Read more → Giving up your green card and taxes: I-407, exit tax and the final year If you move back to Europe with a green card, you stay taxable in the US until your status ends. I-407, the final year, long-term residents and exit tax. Read more → Child benefits and the Child Tax Credit: your choice of form decides When US citizens in Europe can receive local child benefits and the Child Tax Credit side by side, and which choice of form costs you the refund. Read more → To the IRS, your ETF is a PFIC: what Form 8621 requires Why European ETFs and funds count as PFICs for US citizens, what the three taxation regimes mean and when Form 8621 is due. Read more → US gifts and taxes: when you need Form 3520 or Form 709 Who pays which tax on gifts and inheritances between Europe and the US, when Form 3520 and Form 709 are due and what the treaty covers. Read more → State tax after you move abroad: when your state keeps taxing you When a US state keeps taxing you as a resident after you move to Europe, and how to document domicile and residency properly. Read more → The Streamlined Procedure explained: three tax years, six FBARs Who can use the Streamlined Foreign Offshore Procedures, which years and forms are involved, what goes into Form 14653 and what happens after you file. Read more → US tax return deadlines abroad: your calendar Every date for Americans in Europe: Form 1040, the three extensions, FBAR, estimated payments and the deadlines at home. Read more → US dual citizens: what you owe the IRS and your home tax authority every year What dual citizens file and report on both sides, and where the second passport does matter for tax. Read more →

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Sebastian Sauerborn
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Sebastian Sauerborn

Sebastian Sauerborn is the founder of Mount Bonnell Advisors in Austin, Texas. He moved from London to the United States in 2008, spent years living on his own ranch in Bastrop County, and for more than twenty years has guided European entrepreneurs and families as they make the leap. He knows the questions you have right now not just from client files, but from his own life.

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