5 ms·
Many countries have tax treaties with the US, and there’s also the Foreign Earned Income Exclusion (FEIE), which excludes up to 132.9k of foreign income; so man
by bnm04 3mo ago
Many countries have tax treaties with the US, and there’s also the Foreign Earned Income Exclusion (FEIE), which excludes up to 132.9k of foreign income; so many US citizens abroad will indeed pay no US income taxes.
- jandrewrogers 3mo agoThat is mostly only true if you have no significant investments. If you have investments, the tax situation is not good as an American even under tax treaties. If you are normal wage slave with limited savings then yes the exclusions mostly work.