How To Deal With Tax Preparation: Difference between revisions

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Revision as of 18:59, 4 March 2025

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Julie's total exclusion is $94,079. To be with her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. fiscal.

Defenders within the IRS position would say it comes back to Section 61. The waitress provided a service for me, and I paid hard. Compensation for services is taxable. End of record.

This provides a combined total of $110,901, our itemized deductions of $19,349 and exemptions of $14,600 stay the same, giving us earnings taxable income of $76,952.

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