Quote:
Originally Posted by TheDoc
As an American if you earn an income, you pay taxes on it no mater what. It doesn't make a difference where you live or what you do. The only way out of this is to give up your citizenship.
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Foreign Earned Income Credit gives you a 90K tax break if you live and work abroad plus you get deductions.
It is very easy to pay almost no taxes while living and working abroad, unless you're making crazy money. If someone made less than the Foreign Earned Income Credit limit, you would actually pay zero taxes, legally. Also, no state tax.
There is simply no reason to give the US government any more money than you have to.