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Et 706  Form

Et 706 Form

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Instructions and help about form et 706

good afternoon this is Sean Golding with Golding and Golding here to go a little further into form 8854 we get a lot of questions about this form there's a lot of bad information on the worldwide webs right so you got to be careful okay um at the end of the day it's just a form it's filed with your final tax return it doesn't have to be perfect as in you do the best you can to make sure you get it in timely you don't want to not file the form and you don't want to file it late if you can if you can help it um really try not to get too overwhelmed okay the 8854 quick little Baseline 8854 is the initial and annual expatriation statement it's something that's filed in your final tax return year so if you were to renounce your US citizenship in 2024 or you were to submit your i47 in 2024 then in 2025 when you file your final tax return you will include a copy of the 8854 as part of your filing the original as part of the filin

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