Difference between revisions of "How Does Tax Relief Work"

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Revision as of 01:28, 11 November 2024

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Moreover, foreign source salary is for services performed right out of the U.S. 1 resides abroad and works well with a company abroad, services performed for the company (work) while traveling on business in the U.S. is considered U.S. source income, and it is also not subjected to exclusion or foreign breaks. Additionally, passive income from a U.S. source, such as interest, dividends, & capital gains from U.S. securities, or You.S. property rental income, is also not subjected to exclusion.

People hate paying income tax. Tax avoidance strategies are entirely legal and should be taken advantage of. Tax evasion, however, is not. Make sure you know where the fine lines are.

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