why: so the government won’t be able to use your money for whatever the fuck they’re planning for the next 4 years.
as a traveler, none of my money has been funding Israel, for example.
one-step method: you basically fill out one extra tax form called FEIE while you’re doing your taxes, write down the dates you were outside of the country, and then since you aren’t in the country and are not receiving any services from the US, you don’t have to pay income tax up to a certain amount (it’s a little over 125k this year).
“…the 2555 as well…”
nope, not “as well”, the 2555 is the single FEIE form I am explaining about in this post.
“you also have to pay tax where you are domicile”
nope, inclusive taxes are usually paid directly to the foreign government.
you can claim a US housing tax exemption for the same reason as the FEIE, but paying taxes on your foreign housing is usually unnecessary.
yeah ok the 2555 is the FEIE you mentioned.
its important to note that if youre within the US for more than that 35 day exemption, you start to pay taxes pro-rata.
I think you agreed with what I said just using different words about paying taxes where you do live- yes, you pay them directly to the government where you are domicle.
“yeah ok the 2555 is the FEIE you mentioned.”
yeah, that’s why i said it, haha.
“if youre within the US for more than that 35 day exemption, you start to pay taxes.”
are you going to rewrite everything I said in the post and comments?
to me?
"you pay them directly to the government where you are domicle. "
you are!
You’re paraphrasing my words back to me.
huh.
curiouser and curiouser.
you know, it’s clear that you’re trying to be helpful to folks, but you come off like an asshole. just an fyi!
