Innerworld@lemmy.world to News@lemmy.worldEnglish · edit-23 months agoAmericans Are Leaving the US in Record Numberswww.wsj.comexternal-linkmessage-square67linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkAmericans Are Leaving the US in Record Numberswww.wsj.comInnerworld@lemmy.world to News@lemmy.worldEnglish · edit-23 months agomessage-square67linkfedilinkfile-text
minus-squaresubignition@fedia.iolinkfedilinkarrow-up0·3 months agoAnd don’t forget that you still have to pay US income taxes on income earned overseas! 🙄
minus-squareshowmeyourkizinti@startrek.websitelinkfedilinkarrow-up0·3 months agoNot really almost everyone has reciprocal tax agreements. You have to file but you deduct all the taxes you’ve paid the local country.
minus-squareAlcoholicorn@mander.xyzlinkfedilinkarrow-up0·3 months agoIf you spend 330 days in non-US countries and pay tax somewhere else, you qualify for the FEITE on the first 130K+housing.
minus-squaredaannii@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoOnly if you report your income 😉
minus-square3rdXthecharm@lemmy.mllinkfedilinkarrow-up1·3 months agoThere’s a fee for that, not joking
And don’t forget that you still have to pay US income taxes on income earned overseas! 🙄
Not really almost everyone has reciprocal tax agreements. You have to file but you deduct all the taxes you’ve paid the local country.
If you spend 330 days in non-US countries and pay tax somewhere else, you qualify for the FEITE on the first 130K+housing.
Only if you report your income 😉
Not if you renounce citizenship.
There’s a fee for that, not joking