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Mildly Infuriating@lemmy.worldEnglish · 9 months ago

Had to pay $2350 just to renounce my US citizenship

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Had to pay $2350 just to renounce my US citizenship

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Mildly Infuriating@lemmy.worldEnglish · 9 months ago

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9 months ago
There is a fairly misunderstood tax rule which lets US persons working abroad for more than 330 days per year to exclude a reasonably large chunk of income: https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion

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