How Can Usa Expat Taxes Help You About Filing Taxes In The Us?
May 27, 2022 ⚊ 1 Min read ⚊ Views 115 ⚊ BUSINESS
The American tax system does not discriminate based on where people live. U.S. citizens living overseas (expats) are usually compelled to disclose their global income, whether or not they owe tax to the U.S. government, under the U.S. tax code. You must submit tax returns and declare your income to the IRS even if you have no US tax filing responsibility (for example, due to the overseas earned income exclusion or foreign tax credits). Every year, all American citizens and Green Card holders must disclose their income on Form 1040, regardless of where they live or where their money comes from.
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