Filing taxes...help
Feb 10th 2006, 8:13 am
#16
Concierge
Joined: Apr 2001
Posts: 46,485
Re: Filing taxes...help
Originally Posted by Frank
> No actually all three ifs are required, JEff. Sorry you have a problem
> with my writing style, however, if your earned foreign income is $80,000
> or less and if you have paid taxes on it in the country earned and if
> there is a tax treaty in place between your country and the US, then it
> is excluded.
^^^
Don't agree that a tax treaty is required to claim the foreign earned income
exemption.
-F
> with my writing style, however, if your earned foreign income is $80,000
> or less and if you have paid taxes on it in the country earned and if
> there is a tax treaty in place between your country and the US, then it
> is excluded.
^^^
Don't agree that a tax treaty is required to claim the foreign earned income
exemption.
-F
Feb 10th 2006, 8:36 am
#17
Member
Joined: Apr 2001
Posts: 14,049
Re: Filing taxes...help
Rete,
To take the Foreign-Earned Income Exclusion one must pass either the Bona Fide Residence Test or the Physical Presence Test for the country where the income was earned.
You've written and repeated that there must be a tax treaty between the US and the country, and that tax on the income must have been paid to the country, in order to take the Foreign-Earned Income Exclusion.
Not true for the Physical Presence Test. That's why I mention it. One can qualify for the Foreign Earned Income Exclusion under the Physical Presence Test without a tax treaty with, without having paid tax to, the country where the income was earned.
Regards, JEff
To take the Foreign-Earned Income Exclusion one must pass either the Bona Fide Residence Test or the Physical Presence Test for the country where the income was earned.
You've written and repeated that there must be a tax treaty between the US and the country, and that tax on the income must have been paid to the country, in order to take the Foreign-Earned Income Exclusion.
Not true for the Physical Presence Test. That's why I mention it. One can qualify for the Foreign Earned Income Exclusion under the Physical Presence Test without a tax treaty with, without having paid tax to, the country where the income was earned.
Regards, JEff
Originally Posted by Rete
Why are you talking about the physical presence test? That was not even mentioned. That is not a requirement if you are living in the UK and your USC spouse is living in the US and filing joint taxes.
