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Mildly Infuriating@lemmy.worldEnglish · 5 days 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

irishgoodbye@lemmy.world to

Mildly Infuriating@lemmy.worldEnglish · 5 days ago

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5 days 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
- FinnFooted@lemmy.world
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  5 days ago
  Yup. I live abroad and pay no US taxes.

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