Abandoning US Citizenship or Green Card? Here is Something You Should Know
If you are a U.S. citizen or a permanent U.S. resident, you are taxed on your worldwide income. It does not matter where you live, where the income is earned, or where else you might pay tax. Many US citizens and Green Card holders are finding themselves in a situation where they are working abroad US but paying tax on their global income in the US. You may claim foreign earned income exclusion and foreign tax credits on your U.S.
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