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Well, it's that time of year again. Time to start getting ready to file if you haven't already. If you're from the U.S, how are the new tax laws affecting you as an expat? The new system is a little weird for us old-timers who are used to being able to claim individual exemptions for our dependents. Now, it's just one big exemption, instead of several smaller ones. For us, worked out about the same, but for some it will not be so I suppose. Filed a couple of weeks ago. Used TaxAct for the first time and was really happy with it. For my situation, it was a lot cheaper than TurboTax (what I
Hello, I am financing a mortgage for my home here in PI's with RCBC. Now that it's tax season, I need to obtain an IRS Form 1098 to deduct the mortgage interest paid for tax year 2016. I've already been advised by IRS that interest paid on foreign mortgages are deductible for my 1040 return. I went to local RCBC branch where my asawa asked about obtaining IRS Form 1098 and was met with blank stares. Has anyone here been through this situation and know how to obtain IRS Form 1098? RCBC is registered with IRS, since they have to report any income/interest I receive, so they should