Re: WSOP Windfall... What am I to do?
Despite being 100% wrong the appropriate IRS form is 2555. Form 8854 is used to file in case of renouncing us citizenship/full expatriation but is less attractive. Publication 54 is an informative related guide from the IRS perspective. If forming an IBC, use a reputable law firm (I used Pardini of Panama).
Not trying to be arguementative, just being more concise which I should have done in my original post. My apologies for being careless, I should not have applied a non US perspective to a US situation without first verifying differences.
Good Luck Jurollo, sorry for polluting your thread.
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