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by UncleEntity
2110 days ago
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> I know Us citizens pay their home tax regardless where they live but this could be a huge issue for them in the long term. If you stay gone long enough (330 days/year IIRC) then the income you make abroad is tax-free (up to $80k also IIRC). I got hit with a $30k tax bill because of leaving Iraq early (too dangerous for even my crazy ex-paratrooper self) though I should've gone down to Mexico and hung out on the beach for a few months or something -- in 20/20 hindsight... |
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https://www.irs.gov/individuals/international-taxpayers/fore...