Originally Posted by
adeebm
I applied for the Strata and application went pending. I called in and they're asking for form 4506.
I haven't filed recently due to being an expat (no taxes owed + costs money to file). Am I screwed?
Yeah, probably. Since you aren't making enough to meet the minimum, you probably don't make enough for them to give to the card.
I asked my accountant the question about filing or not for next year when I plan to work overseas in 2026, and he said:
Living abroad does NOT exempt you from filing, even if you qualify for the Foreign Earned Income Exclusion (FEIE) or Foreign Tax Credit (FTC) — those reduce or eliminate tax, but you still must file to claim them. ---
2024 Tax Year Filing Thresholds (for returns due April 2025) You must file if your gross income is at least: Single Under age 65: $14,600 65 or older: $16,550
So yeah. If you didn't make close to $20k, you probably won't get approved.