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Latest revision as of 20:38, 22 September 2024

The IRS has set many tax deductions and benefits secure for taxpayers. Unfortunately, some taxpayers who are earning a top level of income can see these benefits phased out as their income ascends.

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Conversely, earned income abroad, and a second income from foreign securities, rental, or whatever else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, may be as credits against You.S. taxes due.

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