Hacker News new | past | comments | ask | show | jobs | submit login

But you are obligated to file, even if you have zero income, and you are obligated to disclose assets, even if they're your spouse's.

There are several more requirements not related to income, or even if the citizen ever lived in the US (many people have US citizenship and have never stepped foot here), each of which can carry a substantial penalty if violated.

There are many people living in fear -- and many in substantial debt -- not about income tax problems, but about IRS filing requirements. The system is a monstrosity.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: