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davidpdx

(22,000 posts)
3. Both gave disappointing answers
Fri Feb 12, 2016, 09:46 PM
Feb 2016

Which leads me to believe that getting anything done is going to be next to impossible. FBAR and FACTA need to be reformed so that expats don't have to go through the paperwork. I had to file for FBAR for this last year and just pray I did it correctly. My account slipped over the limit once triggering the need for me to fill out that paperwork. What a damn pain in the ass.

Now I don't make a hell of a lot of money, but the cost of living here is not high. So I am fortunate enough to be able to save. But if I want to save money my hands are tied. Yesterday I had a delivery that helped solve that problem. Now I have plenty of room under the cap so I won't have to file the paperwork for this year.

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