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Version vom 23. Juli 2026, 20:38 Uhr

There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee payment. Foreign residency or extended periods abroad for the tax payer is really a qualification to avoid double taxation.

If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your earnings tax bill is likely to be approximately three thousand dollars.

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