Annual Taxes - Humor In The Drudgery: Difference between revisions
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Revision as of 11:26, 23 October 2024
One more week until Tax Day. Have you filed yours yet? I haven't (probably should get on that, actually), and when I read in USA Today that roughly 47% of Americans won't even need to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going to up and get off scot-free?
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The most straight forward way is always to file a special form any time during the tax year for postponement of filing that current year until a full tax year (usually calendar) has been finished in an overseas country the taxpayers principle place of residency. The actual reason being typical because one transfer pricing overseas inside of a tax 365 days. That year's tax return would essentially due in January following completion for the next 365 day abroad after your year of transfer.
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