Tax Preparation Office
at the Rota Navy Exchange
from mid-Janaury to mid-June
FOR MILITARY AND THOSE ELIGIBLE
File with us
for greater peace of mind
US Tax Consultants open the Tax Preparation Office at the Navy Exchange Rota
We open from mid-January to mid-June, from 11:00 to 18:00 Mondays through Fridays, to serve all current and former members of the U.S. Armed Forces, their families and U.S. civilian employees.
You can have your taxes prepared and filed from Naval Station Rota. Those you are stationed at Moron Air Base, National Support Elements in Madrid, Valencia (Spain) and Lisbon (Portugal) are also included.
U.S. Tax Consultants
US Tax Consultants with offices in Madrid & Asturias (Spain) and Lisbon & Algarve (Portugal), has 56 years of experience in filing American, Spanish, and Portuguese taxes. Thanks to our professionalism and quality control, our clients enjoy the peace of mind that comes from a job well done.
Rota Navy Exchange (NEX) Tax Office.
Ask specific questions for free with no commitment on your part at the office located at NEX.
We will start collecting the documentation needed to prepare your U.S. Individual Tax Return from mid-January to mid-June, from 11:00 to 18:00, Monday to Friday. The complete list of documents can be downloaded HERE.
Remember that the earned income and pensions for all current and former members of the U.S. Armed Forces are Tax exempt from your Spanish and Portuguese Tax return. However, if you have spent more than 183 days in Spain or Portugal, you will be considered a “fiscal resident” of these countries, and you must also file a tax return in these countries first if your non-exempt income is over the threshold, €22,000 (2024) if only one payer or €15,876 (2024) if it comes from two or more payers.
Fortunately for our armed forces, most military installations offer tax support venues to help service members and their families. Now there is one in Rota.
Other serices provided
We also offer a range of tax-related services beyond standard filing. This includes help with ITIN applications and Form W-7 ($190) for those needing a tax ID. We also assist with amended tax returns ($280) (Form 1040-X) to correct past filings. For retirees, we provide guidance on Form W-4P ($30) to manage pension and annuity withholding, and Form W-4V ($30) for voluntary tax withholding from Social Security benefits. These services ensure accurate reporting and help avoid unexpected tax issues.
US Tax Consultants offers income tax support through professional IRS certified tax preparers. We understand military-specific tax issues, and this tax preparation service comes with a FREE Consultation Service.
Am I required to file 1040?
U.S. Persons (U.S. Citizens, Green Card Holders and Resident Aliens) are required to file annually regardless of:
· Where their income is earned.
· Where in world they live.
· Whether or not the U.S. has a Tax Treaty with that country.
· Whether or not they also pay Foreign Taxes.
*Non-Resident Aliens required to file when they receive any US sourced income.
Minimum to file:
· If you file Single and you are under 65 by December 31, and your minimum gross income is $ 14,600 (2024). If you are 65 or older, your gross earned income must be at least $ 16,550 (2024).
· If you file as Married Filing Jointly, the minimum to file is $ 29,200 (2024) gross income. But if you file as Married Filing Separately, the minimum limit is $ 5 of gross income.
· On the other hand, you are required to file the return if your net earnings from self-employment were at least $400, or if you owe taxes on unreported tips, retirement account distributions, capital gains, etc, or if you got advance premium tax credits (health insurance subsidies) or if you want to claim a refund or credit (like Earned Income Tax Credit or Child Tax Credit).
Military Tax Extension
File Form 1040 by April 15th. If you are a U.S. Person, you qualify for an automatic extension of two months until June 15th without filing the form 4868.
This extension gives you an extra 2 months to file and pay the tax, but interest will be charged from the original due date of the return on any unpaid tax.
With the Form 4868 you will have an extension until October 15th. We request the extension for all our clients, for free. Please do not hesitate to let us know if you need the extension to file until October 15th.
Military Tax Deductions
US Tax Consultants assist clients take advantage of tax deductions and support for special tax situations for those in the Armed Forces, DOD Civilians, Retirees, and their family members who are overseas. We can help you get the best return and resolve any tax related issues.
The most common deduction are:
Tax Bracket Rates for this year
These brackets are adjusted annually for inflation. For more detailed information, you can refer to the IRS’s official publication on federal income tax rates and brackets. The U.S. has a progressive, or graduated, tax system, so income isn’t taxed a flat rate. Instead, it’s taxed at differing rates — 10%, 12%, 22%, 24%, 32%, 35% and 37%. If you need assistance determining your effective tax rate or have questions about deductions and credits, feel free to ask us!
Federal tax brackets saw a 5.4% rise from 2023, meaning that taxpayers whose salaries have not kept pace with inflation may be able to shield more of their income from higher federal tax brackets in 2024.
For all 2024 tax brackets and all filers, the income limits will be adjusted for inflation as follows:
| Tax Rate | Single Filers | Married Filing Jointly | Heads of Households |
| 10% | $0 to $11,600 | $0 to $23,200 | $0 to $16,550 |
| 12% | $11,600 to $47,150 | $23,200 to $94,300 | $16,550 to $63,100 |
| 22% | $47,150 to $100,525 | $94,300 to $201,050 | $63,100 to $100,500 |
| 24% | $100,525 to $191,950 | $201,050 to $383,900 | $100,500 to $191,950 |
| 32% | $191,950 to $243,725 | $383,900 to $487,450 | $191,950 to $243,700 |
| 35% | $243,725 to $609,350 | $487,450 to $731,200 | $243,700 to $609,350 |
| 37% | $609,350 or more | $731,200 or more | $609,350 or more |
Do I really need a professional Tax Preparer?
Tax preparers need an active PTIN to file tax returns on behalf of their clients. PTINs identify these professionals to the IRS and protect them from fraud.
A professional tax preparer can save you time and money, can answer your questions and resolve issues. The tax code is complicated: Professional tax preparers keep up with the yearly changes. With a professional tax preparer, you gain peace of mind, as mistakes can be costly. What’s more, working with a professional reduces the risk of an audit, not to mention that a professional tax preparer takes the burden off your doing your taxes yourself.
How much does it cost to have form 1040 prepared?
U.S. Tax Consultants offers a flat fee for the current year Individual Federal Tax Return, which includes the following Forms: 1040, 2555, 1116, Sch. 1, 2 and 3, Sch. A, B, C, D, E and K-1s; we also include the Form 8938 and the FinCEN 114 (FBAR). The forms not included are Form 8621 for Mutual Funds bought abroad and Form 5471 if you own more that 10% of a foreign corporation.
The fees for 2024:
| For a complex Individual Tax Return. Form 1040 | $280 |
| For Standard Returns 1040 (with only W-2 and a 1099) | $180 |
| For State Tax Returns | $100 |
For those military members making $25K or less
| Standard Federal Tax Preparation | $70 |
| State Tax Preparation | $40 |
What do I need to present so you can prepare our Tax Return?
You can find an extensive list of documentation that we might need by clicking HERE.
You can either bring it or send it to our office at the Rota Base or you can upload it directly yourself in the Clients Area on the Top menu of our website. Clients Area.
At the office in Rota we will ask you to fill up this form Personal details for clients in Rota.
CONTACT
Visit us
Naval Station Rota – Rota Navy Exchange – 11530 Rota, Spain
Monday – Friday: 11am–6pm, Saturday & Sunday: Closed
Travesía de las Cañas, 2 – 28043 Madrid, Spain
Monday – Friday: 9am–2pm, Saturday & Sunday: Closed
Call us
+ 34 676 175 622 +34 915 194 392
Write us
rota@ustaxconsultants.es