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Yes indeed. As a Merican citizen you are required to file taxes there whether you live there or not. And you get taxed on joint accounts, capital gains from selling primary residence, etc. It's a whole world of pain (that we've just gone through).
If she's not bothered about the dual citizenship, I'd renounce that motherfucker.Mrs -ru was born in NY and is only hanging on to hers so the kids can go and live/work there later on if they fancy it (and it isn't a nuclear wasteland by then).
villa-ru
I have a feeling that US citizenship really screws you over for taxes, basically they try and tax overseas earnings.
On the other hand, you also have to pay to renounce citizenship. A little cheeky.