A Excellent Taxes - Part 1: Difference between revisions
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Revision as of 23:09, 5 October 2024
There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and supply of the salary or fee pay out. Foreign residency or extended periods abroad of your tax payer is really a qualification to avoid double taxation.
If the $30,000 1 year person did not contribute to his IRA, he'd upwards with $850 more in the pocket than if he contributed. But, having contributed, he's got $1,000 more in his IRA and $150, as compared to $850, in her pocket. So he's got $300 ($150+$1000 less $850) more to his good name for having offered.
No Fraud - Your tax debt cannot be related to fraud, to wit, you need owe back taxes anyone failed spend them, not because you played funny on your tax return.
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