118th Congress Taxation
H.R. 5432: Tax Simplification for Americans Abroad Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill directs the Internal Revenue Service to make available a new tax form for certain U.S. citizens living abroad. The form shall allow such individuals to demonstrate nonresidence, and declare foreign income, foreign taxes paid, and U.S. source income from retirement, pension and social security benefits.
The bill also expands the types of income allowed as foreign earned income for purposes of the foreign earned income tax exclusion and sets forth requirements for reporting foreign financial assets.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Danny Davis D-ILOriginal
- Jerrold Nadler D-NYOriginal
- Dina Titus D-NVOriginal
- David Trone D-MDOriginal
- Jamie Raskin D-MD
- Shontel Brown D-OH
- Steve Cohen D-TN
- Bill Pascrell D-NJ
- Ted Lieu D-CA
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History
- Introduced in the House by Donald Beyer.
Show the full action history (2 actions)
- Introduced in House
- Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.