True, but according to what I just became an expert on two minutes ago, you can file form 2555 and deduct the first $130k of your wages, and all your housing expenses on top of that. It sounds like working abroad means you still have to keep in touch, but your tax burden is likely to become minimal as long as you’re legit not maintaining a presence in the US.
It’s all still theoretical as applied to me personally. And there is still the big decision of “flee to safety” versus “stay and fight.”
Yeah, from what I recall, you can deduct whatever you pay in the other country in taxes, so unless you moved to Monaco that’s going to be higher anyway.
True, but according to what I just became an expert on two minutes ago, you can file form 2555 and deduct the first $130k of your wages, and all your housing expenses on top of that. It sounds like working abroad means you still have to keep in touch, but your tax burden is likely to become minimal as long as you’re legit not maintaining a presence in the US.
It’s all still theoretical as applied to me personally. And there is still the big decision of “flee to safety” versus “stay and fight.”
Yeah, from what I recall, you can deduct whatever you pay in the other country in taxes, so unless you moved to Monaco that’s going to be higher anyway.