2018 tax forms

[mtbc]

Separately from my FBAR, in a review of forms to prepare for filing my US taxes I now have together:

• Form 1040, the overall return.


• Form 1040 schedule B, on which I report my savings interest and my 1099-DIV and 1099-INT.


• Form 1040 schedule D, on which I report my Form 8949 short-term capital gain on a real estate sale.


• Form 2555-EZ × 2 to exclude my regular salary and mst3kmoxie's consulting income from Federal taxes.


• Form 8965 to explain why we didn't have health insurance.

Fortunately, beyond what the UK already takes through Pay As You Earn, even despite the large cut in the dividend allowance for 2018/2019 our other taxable income falls within the free allowances over here so I shan't have to file with Her Majesty's Revenue and Customs also.

Comments

[wpadmirer]

I actually have more forms than I used to have. I used to just file a schedule C and a home office form (88 something or the other).

Now I have retirement income from the state. I find that amusing. It's very little money, but it's there!

[mtbc]

We narrowly avoid Schedule C through the US-UK tax treaty but it does mean that mst3kmoxie has to do the UK equivalent of paying FICA etc. on consulting income. British taxes are so much easier to file though.

[wpadmirer]

Not surprising. The USA specializes in creating complicated processes.