I&#x27;m an American living in Europe. I report my income to the IRS every year, like you. Reading your comment gave me a scare -- what exactly would trigger the $20,000-80,000 fine or asset seizure?<p>Is it a failure to report income taxes at all? Or do you make so much more than $100k&#x2F;year that the double taxation is killing you?<p>I&#x27;m just trying to figure out what, other than their already-reported income being audited, has got all of your expat friends so spooked...