UAE: How US expats calculate taxes on income earned overseas and back home

UAE: How US expats calculate taxes on income earned overseas and back home

Dubai: As a US citizen or holder of a ‘Green Card’ living in the UAE, taking care of your US taxes can be a cumbersome task. Knowing which tax rules affect you and understanding your options can seem like a lot to stay up-to-date with. For US citizens employed in the UAE, filing taxes in the US comes with new considerations and questions, like the below: “Do I have additional information to report to the US revenue department (IRS)? How do my UAE financial accounts affect my filing? What options do I have to reduce my tax bill? How do I file US taxes from the UAE?” Due to all the unique tax rules and requirements for US expats, it can be difficult to navigate the filing process. As a US citizen, working in the UAE can affect your taxes even if you don’t stay for very long. For example, if you earn income while on a short-term assignment, you’ll need to report that income on your US taxes. The longer you stay, the deeper your financial roots are in the UAE, and that’s when you’ll have more considerations for your tax filing in the US. You may need to