▲ 166 ▼ GOP push to restrict voting by overseas U.S. citizens continues before 2026 midterms (www.npr.org) submitted 1 year ago by DarkBluemetal@lemmy.world [B] to c/progressivepolitics@lemmy.world 26 comments fedilink hide all child comments
[+] Corridor8031@lemmy.ml 32 points 1 year ago (12 children) [deleted] permalink fedilink source hideshow 12 child comments replies: [–] Leeks@lemmy.world 26 points 1 year ago (1 child) Yes. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Kind of permalink fedilink source parent [–] entropicdrift@lemmy.sdf.org 20 points 1 year ago (1 child) 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. permalink fedilink source parent hideshow 1 child comment replies: [–] UnderpantsWeevil@lemmy.world 8 points 1 year 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. permalink fedilink source parent [–] DarkBluemetal@lemmy.world [S, B] 13 points 1 year ago (3 children) yes. permalink fedilink source parent hideshow 3 child comments replies: [–] Jrockwar@feddit.uk 5 points 1 year ago (2 children) Can you renounce US citizenship if you become a citizen of a different country? permalink fedilink source parent hideshow 2 child comments replies: [–] 7355608@lemmy.world 8 points 1 year ago (1 child) Yes but you have to pay the US government for it. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Not if you join ISIS! permalink fedilink source parent [–] yonderbarn@lazysoci.al 2 points 1 year ago* (3 children) Not necessarily. A number of countries are exempt from double taxation. The United States has tax treaties with a number of foreign countries...Under these same treaties, residents or citizens of the United States are taxed at a reduced rate, or are exempt from foreign taxes, on certain items of income they receive from sources within foreign countries. https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z You are still required to file, however, and usually you are able to use the Foreign Earned Income Exclusion to avoid taxation of most of your income as long as it doesn't exceed a certain amount. If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude your foreign earnings from income up to an amount that is adjusted annually for inflation ($107,600 for 2020, $108,700 for 2021, $112,000 for 2022, and $120,000 for 2023). https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion permalink fedilink source parent hideshow 3 child comments replies: [–] HeyThisIsntTheYMCA@lemmy.world 2 points 1 year ago (2 children) that's just a longer yes. permalink fedilink source parent hideshow 2 child comments replies: [–] yonderbarn@lazysoci.al 1 point 1 year ago (1 child) You don't pay any taxes if it's in one of the treaty countries and your income doesn't exceed ~$100k permalink fedilink source parent hideshow 1 child comment replies: [–] HeyThisIsntTheYMCA@lemmy.world 1 point 1 year ago but you're still taxed. it's a distinction with a difference source: I prepared international tax returns for 20 years. permalink fedilink source parent
[–] Leeks@lemmy.world 26 points 1 year ago (1 child) Yes. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Kind of permalink fedilink source parent
[–] entropicdrift@lemmy.sdf.org 20 points 1 year ago (1 child) 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. permalink fedilink source parent hideshow 1 child comment replies: [–] UnderpantsWeevil@lemmy.world 8 points 1 year 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. permalink fedilink source parent
[–] UnderpantsWeevil@lemmy.world 8 points 1 year 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. permalink fedilink source parent
[–] DarkBluemetal@lemmy.world [S, B] 13 points 1 year ago (3 children) yes. permalink fedilink source parent hideshow 3 child comments replies: [–] Jrockwar@feddit.uk 5 points 1 year ago (2 children) Can you renounce US citizenship if you become a citizen of a different country? permalink fedilink source parent hideshow 2 child comments replies: [–] 7355608@lemmy.world 8 points 1 year ago (1 child) Yes but you have to pay the US government for it. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Not if you join ISIS! permalink fedilink source parent
[–] Jrockwar@feddit.uk 5 points 1 year ago (2 children) Can you renounce US citizenship if you become a citizen of a different country? permalink fedilink source parent hideshow 2 child comments replies: [–] 7355608@lemmy.world 8 points 1 year ago (1 child) Yes but you have to pay the US government for it. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Not if you join ISIS! permalink fedilink source parent
[–] 7355608@lemmy.world 8 points 1 year ago (1 child) Yes but you have to pay the US government for it. permalink fedilink source parent hideshow 1 child comment replies: [–] DragonTypeWyvern@midwest.social 1 point 1 year ago Not if you join ISIS! permalink fedilink source parent
[–] DragonTypeWyvern@midwest.social 1 point 1 year ago Not if you join ISIS! permalink fedilink source parent
[–] yonderbarn@lazysoci.al 2 points 1 year ago* (3 children) Not necessarily. A number of countries are exempt from double taxation. The United States has tax treaties with a number of foreign countries...Under these same treaties, residents or citizens of the United States are taxed at a reduced rate, or are exempt from foreign taxes, on certain items of income they receive from sources within foreign countries. https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z You are still required to file, however, and usually you are able to use the Foreign Earned Income Exclusion to avoid taxation of most of your income as long as it doesn't exceed a certain amount. If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude your foreign earnings from income up to an amount that is adjusted annually for inflation ($107,600 for 2020, $108,700 for 2021, $112,000 for 2022, and $120,000 for 2023). https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion permalink fedilink source parent hideshow 3 child comments replies: [–] HeyThisIsntTheYMCA@lemmy.world 2 points 1 year ago (2 children) that's just a longer yes. permalink fedilink source parent hideshow 2 child comments replies: [–] yonderbarn@lazysoci.al 1 point 1 year ago (1 child) You don't pay any taxes if it's in one of the treaty countries and your income doesn't exceed ~$100k permalink fedilink source parent hideshow 1 child comment replies: [–] HeyThisIsntTheYMCA@lemmy.world 1 point 1 year ago but you're still taxed. it's a distinction with a difference source: I prepared international tax returns for 20 years. permalink fedilink source parent
[–] HeyThisIsntTheYMCA@lemmy.world 2 points 1 year ago (2 children) that's just a longer yes. permalink fedilink source parent hideshow 2 child comments replies: [–] yonderbarn@lazysoci.al 1 point 1 year ago (1 child) You don't pay any taxes if it's in one of the treaty countries and your income doesn't exceed ~$100k permalink fedilink source parent hideshow 1 child comment replies: [–] HeyThisIsntTheYMCA@lemmy.world 1 point 1 year ago but you're still taxed. it's a distinction with a difference source: I prepared international tax returns for 20 years. permalink fedilink source parent
[–] yonderbarn@lazysoci.al 1 point 1 year ago (1 child) You don't pay any taxes if it's in one of the treaty countries and your income doesn't exceed ~$100k permalink fedilink source parent hideshow 1 child comment replies: [–] HeyThisIsntTheYMCA@lemmy.world 1 point 1 year ago but you're still taxed. it's a distinction with a difference source: I prepared international tax returns for 20 years. permalink fedilink source parent
[–] HeyThisIsntTheYMCA@lemmy.world 1 point 1 year ago but you're still taxed. it's a distinction with a difference source: I prepared international tax returns for 20 years. permalink fedilink source parent