Difference between revisions of "A Status Taxes - Part 1"

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Revision as of 03:36, 31 October 2024

There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee fee. Foreign residency or extended periods abroad among the tax payer can be a qualification to avoid double taxation.

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Defenders for this IRS position would say it comes back to Section 61. The waitress provided a service for me, and I paid for it. Compensation for services is taxable. End of adventure.

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The great part will be the county gets their tax money present us with roads, fire and police departments, stop smoking .. Whether they use domestic or foreign investor dollars, everyone win!

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