• Corridor8031@lemmy.ml
    link
    fedilink
    arrow-up
    26
    ·
    10 hours ago

    i recently heard that you are always taxed as a us citizen no matter where you live, is this true?

    • entropicdrift@lemmy.sdf.org
      link
      fedilink
      arrow-up
      15
      ·
      10 hours ago

      Yes, but if you pay taxes in the country you’re staying in, there’s a chance you can deduct that tax from your taxable income on your US taxes, depending on the treaties in play.

      • UnderpantsWeevil@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        9 hours ago

        The “Foreign Tax Credit” is a flat credit that goes against any US liability.

        There are a few caveats, by country, if I’m not mistaken. For instance, I don’t believe you can claim it on sanctioned countries. So anyone pulling a salary in Russia is stuck. But then folks in Russia likely aren’t having their incomes reported to the US IRS anyway, so its something of a moot point.