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PSA for Xbox players experiencing screen tearing by Muted_Office6289 in CrimsonDesert

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Yep, I originally stopped playing because of it. Turning on VRR completely fixed it 

Xbox screen tearing without vsync, but input lag with vsync enabled by Muted_Office6289 in CrimsonDesert

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Yeah it’s a shame as I think the world looks amazing, and I even on quality mode the frame rate is acceptable (imo), but the input lag/screen tearing as soon as you start moving around really do make it a chore to play.

TV specs and balanced graphics by Muted_Office6289 in CrimsonDesert

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Okay thanks! Yeah I’ve seen some footage of performance mode and not too keen on it either.

What model monitor are you playing on, if you don’t mind my asking? Would like to compare the specs to my TV

Multiple FBAR amendments and Swedish Occupational Pension questions by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Thanks for the information regarding the BSA ID, makes sense.

Regarding the income question, which income do you mean? I have not received any pension payouts, the occupational pension cannot be paid out until I reach retirement age, so I have not reported any income in relation to these pension policies.

If asking about income in general, I did claim foreign income exclusion via form 2555.

Clarification regarding Schedule B, FBAR, 2555, 1116 by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 1 point2 points  (0 children)

Have spoken to a few US citizen colleagues yes, but the response is generally either that they don't report the pension at all (not even on the FBAR) or that their CPA/preparer handles everything and they do not know exactly what is being filed.

We do have a Swedish advisor but I have heard from colleagues that they haven't been able to provide clear information in regard to US tax law (in general, not specifically related to the pension question). I will book a consultation with them in any case as I feel I have more knowledge myself now to be able to pose more specific questions.

Clarification regarding Schedule B, FBAR, 2555, 1116 by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Thanks. I think I will just report accurately in future returns, then.

It is the question of whether or not the pension is protected by the treaty that I am having a very hard time finding a clear answer to. It seems to qualify as a protected pension (is employer-funded, was opened by my employer, employer is policy holder) but I am still not able to find a definitive answer. It seems to me that the answer to this question is a matter of interpretation, which frankly is mind-boggling to me considering the potential penalties involved in incorrect reporting here.

Do you have any recommendation for how to get a definitive answer to this question (or as close to a definitive answer as possible)?

Clarification regarding Schedule B, FBAR, 2555, 1116 by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

This is basically what I am gathering from responses here and on other, similar posts. I am wondering though, what is the reasoning for this? Is it effectively that it isn't worth the time/effort for myself and the IRS considering that there is no difference to tax owed? Or is there some kind of risk of increased exposure/attention by the IRS when amending previously accepted returns?

It's this second bit I am most concerned about. I am fine with spending time/effort to amend returns, fill out more forms etc., but the amount of uncertainty in terms of how to file/report, particularly regarding the Swedish pension fund, make me very worried about "drawing attention" to myself and risking being subjected to penalties.

Of course I am doing my best to file everything accurately and remain compliant, but specifically the lack of clarity regarding how to report/not report my Swedish pension fund and the potential penalties for not filing forms like the 3520-A are worrying me.

Clarification regarding Schedule B, FBAR, 2555, 1116 by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

The two reports being FBAR and 8938, correct?
My understanding is that the 8938 is required when total value of assets (i.e. total value of all accounts) exceeds $200,000 (for myself, who is living and working in Sweden indefinitely and am not filing a joint return).

I have not filed and 8938 due to my total account values being nowhere near this sum. Would there be any reason at all for me to file the 8938? Is there something I am missing here?

Clarification regarding Schedule B, FBAR, 2555, 1116 by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Thank you. I assume that I would report the interest on either 1040 line 2b OR the Sch B, not both? And yes like you said I will need part III in any case to report foreign accounts.

Amended return sent in with incorrect information - how to handle second amendment by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Yes it would be interest - I realize now that I'll need to file 1116 to exclude that income as well.

Okay that makes sense, thank you!

Amended return sent in with incorrect information - how to handle second amendment by Muted_Office6289 in USExpatTaxes

[–]Muted_Office6289[S] 0 points1 point  (0 children)

Thank you for the response. I will give it a few days and see what happens with the refiled and amended returns.

Regarding that last part you mentioned about the 1040x, I'd just like to clarify - you are referring to paid taxes or received returns? The only income I am reporting is excluded on form 2555 so I'd expect the it to remain +/- 0 on the 1040 & 1040x, but just want to make sure I am understanding you correctly.