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Revision as of 01:06, 5 October 2024

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Julie's total exclusion is $94,079. On her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. tax burden.

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We hear a lot about income taxes, however most people thought just just how much income-related taxes they're paying. We're taxed by both our federal government and our state. Considering that the federal government takes the lion's share, I'll concentrate on its free stuff.

Copyright 2010 by RioneX IP Group LLC. All rights reserved. This material may be freely copied and distributed subject to inclusion of this occurence copyright notice, author information and all the hyperlinks are kept in one piece.