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Expatriate Exit Tax

This course discusses the Federal tax provisions that apply when an individual renounces his U.S. citizenship OR ends their long-term resident (green card) status.   Participants will learn details about the filing requirements, related definitions and instructions for completing Form 8854. We will also discuss some tax planning strategies to reduce exposure to the expatriation tax and look into the rules applicable to U.S. persons receiving gifts from persons who have expatriated that may be subject to inheritance tax.  

Learning Objectives

By the end of this course participants should be able to:

  1. Know who is subject to expatriation tax
  2. Determine who is a “covered” expatriate
  3. List the three tests used to determine “covered expatriate” status
  4. Determine the date of expatriation
  5. Know when Form 8854 is required to be filed.
  6. Calculate the liability for exit tax
  7. Describe the basics of the alternate exit tax regime
  8. Know which assets are excepted from the exit tax rules
  9. Determine when an individual may request a deferral of the payment of exit tax.
  10. State who is subject to inheritance tax
  11. Complete and file Form 8854
  12. Discuss exit strategies available to reduce exposure to the exit tax

Individuals may benefit from downloading Form 8854 – Initial and Annual Expatriation Statement before beginning the course.

Course Guidelines

  • The self-study format allows you to access the material online 24/7 and study at your own pace
  • All Self-Study courses are to be completed, and the final exam submitted, within 1 year from the date of purchase as shown on your invoice. No extensions will be allowed.
  • To obtain CE credit, the participant must obtain a passing score of at least 70%.  Test takers will not be provided feedback on incorrect answers
  • Complete your final exam at any time and get graded instantly. You can retake the exam up to three times at no additional charge.
  • Upon passing the exam, you will be able to print your own certificate of completion.


This course material deals with complex matters and may not apply to particular facts and circumstances.  As well, the material contained reflects laws and practices which are subject to change.  For these reasons, the course material should not be relied upon as a substitute for specialized professional advice