US Expat Taxes for Self Employed and Small Business owners in 2023

MyExpatTaxes CEO and IRS Enrolled Agent Nathalie Goldstein walks us through filing small business and self-employment taxes for Americans living abroad or outside the United States. US Taxes for Expats have never been easier!

Do you need to file US Taxes abroad?
Do you need to pay Social Security Taxes?
Do you need to file form 5471?
What about Totalization Treaties?

[SashaPogba]

This video convinced me to renounce my US citizenship !

[lovitac]

Thank you for your video. We are doing our taxes with Myexpattaxes. We are self-employed and residents in Chile, one of your employees told us via chat that Chile wasn't in the list of countries with the Totalization Treaty, but watching this video I actually found we are. We were ready to file our taxes. I don't know if I have enough time to get that paperwork here, I am pretty overwhelmed 😭

[scottmoseley]

great video BUT still not clear if One filing 5471 can avail of FEIE ? ??/ Thhanks

[Glamlatte]

But in Italy isn't the social security tax 35%? so isn't it better to continue to pay the US Self employment tax since it's 15% anyway?

[UK-Property-Tax-Accountants]

A nice video. Can we use your software as an agent for our clients

[UK-Property-Tax-Accountants]

Why Austria, apart from the beautiful vistas and lakes?

[TraveltirementItaly]

Scenario: I have a US registered Single Member LLC. I pay myself as an employee.

I buy a home and move to Italy. All of my income comes from US clients, but I run the business from Italy.

I know I have to report/file on worldwide income.


But would I file first in Italy on my income, then claim a tax credit in the US? Or do I file in the US, then claim a tax credit in Italy?

I hope my question is clear...😊

[rayl]

Good video, thx. Answered all but 1 question. As US citizen self employed, if I become tax resident in a TA country and pay SS to that country, will it count as a contribution towards US social security, or only to the SS system of country where expat? Is there a way to choose to have it count towards US SS contributions e.g., if certain that will never pay for long enough to foreign country to ever qualify for retirement benefits there?

[Cassy.Garner]

I'm a digital nomad who moves around a lot but spends less than 30 days in the U.S. with an income that is less than 120, 000 (which is what I believe you said in the other video was necessary to not be taxed twice. Sorry a little confused on how all this works). Do you need to have a physical residence somewhere? I am a mix of an independent contractor for a US company and self employed so I am a little lost with how I would file 😅

[AlexanderEO]

As a freelancer living in Rome but working with companies in Spain what certificate do I need to provide to prevent double taxation from US and Spain?

[allieroqueta]

Does a Single Member LLC have to file Form 5471?