Form 8854 - Initial and Annual Expatriation Statement-2025

Show details

4.2 out of 5

60 votes

The document provides instructions for Form 8854, which is used by U.S. citizens and long-term residents who expatriate to certify compliance with tax obligations prior to expatriation. It outlines the requirements for filing, including changes in income tax liability thresholds and unrealized gains for 2023. The form is necessary for individuals who relinquished their citizenship or terminated residency after June 17, 2008, and includes details on penalties for non-compliance, taxation under Section 877A, and specific filing procedures.

Here's how it works

01. Edit your form 8854 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to edit Form 8854 - Initial and Annual Expatriation Statement in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting paperwork with our feature-rich and user-friendly PDF editor is easy. Make the steps below to fill out Form 8854 - Initial and Annual Expatriation Statement online quickly and easily:

Sign in to your account. Sign up with your credentials or register a free account to test the service prior to choosing the subscription.
Import a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form 8854 - Initial and Annual Expatriation Statement. Easily add and underline text, insert images, checkmarks, and signs, drop new fillable fields, and rearrange or remove pages from your document.
Get the Form 8854 - Initial and Annual Expatriation Statement completed. Download your modified document, export it to the cloud, print it from the editor, or share it with other people through a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to quickly handle your paperwork online!

See more Form 8854 - Initial and Annual Expatriation Statement versions

We've got more versions of the Form 8854 - Initial and Annual Expatriation Statement form. Select the right Form 8854 - Initial and Annual Expatriation Statement version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.2 Satisfied (60 Votes)
2022	4.2 Satisfied (46 Votes)
2021	4.8 Satisfied (59 Votes)
2016	4 Satisfied (57 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I sign my [KEY] without printing?

Electronic signatures are a great replacement for traditional signing, as they save time, effort, and costs people spend on printing, scanning, and paper delivery. You can eSign your [KEY] using a reliable and powerful online document processing services like DocHub. It complies with main eSignature policies (ESIGN and UETA), so all documents approved there are legally binding and have the same validity as manually signed ones.

How do you edit [KEY] online?

With DocHub, you have several convenient methods to edit your [KEY] online. You can drag and drop the form and modify it directly at the DocHub website or use our browser extension to fill out your form immediately. Additionally, you can modify your PDF on your phone, as DocHub works with all the accessible mobile platforms.

What is the initial and annual expatriation information statement 8854?

Form 8854, also known as the Initial and Annual Expatriation Statement, is a document that the IRS requires U.S. citizens and long-term residents to file if they have expatriated or terminated their long-term residency. Form 8854 - Initial and Annual Expatriation Statement Taxes For Expats Articles Expatriation Taxes For Expats Articles Expatriation

What is the penalty for not reporting income?

The fraud penalties are extreme and can be assessed at the rate of 75% of the amount that was underreported. For example, if you underreport your businesss income by $50,000 the IRS can penalize you as much as $37,500.

How can I avoid expatriation tax?

Avoid Expatriate Status This is impossible for citizens, but for green card holders, the strategy is to avoid becoming a long-term resident. Leave the United States, and abandon the green card visa before the eighth year of holding that visa status. Expatriation: Avoid the Exit Tax - Protax Consulting protaxconsulting.com blog expatriation-avoid- protaxconsulting.com blog expatriation-avoid-

What happens if you dont file taxes and you dont owe money?

Theres no penalty for failure to file if youre due a refund. However, you risk losing a refund altogether if you file a return or otherwise claim a refund after the statute of limitations has expired.

What happens if you dont file form 8854?

Form 8854 must also be filed to comply with the annual information reporting requirements of IRC 6039G, if the person is subject to the alternative expatriation tax under IRC 877 or IRC 877A. A $10,000 penalty may be imposed for failure to file Form 8854 when required. Expatriation Tax | Internal Revenue Service irs.gov individuals international-taxpayers irs.gov individuals international-taxpayers

What happens if you dont report foreign income?

As a U.S. taxpayer, you can face penalties for failing to report your foreign-earned income even if you dont owe any federal income tax. The IRS penalizes both failures to report and failures to pay and the penalties for reporting violations can be substantial.

Do I have to file 8854 every year?

You must file Form 8854 annually to docHub that no distributions have been received from your eligible deferred compensation item(s) or to report the distributions you received.

Do you pay Exit Tax if you qualify as a covered expatriate?

Mark-to-Market Exit Tax Covered expatriates must pay a capital gains tax on all other assets above an inflation-adjusted exclusion limit ($767,000 in 2022, up from $744,000 in 2021) as if they sold those assets on the day prior to the date of expatriation. How The US Exit Tax is Calculated for Covered Expatriates arete-wa.com post how-the-us-exit-tax-is arete-wa.com post how-the-us-exit-tax-is

Form 8854 - Initial and Annual Expatriation Statement-2025

Here's how it works

The easiest way to edit Form 8854 - Initial and Annual Expatriation Statement in PDF format online