Us Expat Tax: What You Need To Know When Living Abroad
May 31, 2023 ⚊ 1 Min read ⚊ Views 62 ⚊ BUSINESSAs a US citizen or resident alien, you’re required to file a tax return with the IRS every year, regardless of where you live or work. If you live and work abroad, you may still be required to pay US taxes on your foreign income, although you may be able to claim foreign tax credits or exclusions to reduce your tax liability. It’s important to consult with a tax professional who specializes in expat taxes to determine your filing obligations and take advantage of any available tax breaks.
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Tags: US expat taxes