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lulzgamer10174 karma

Also, don't you think it's a bit unfair to tax American citizens living abroad? The US is one of the few countries to do this to its citizens. I guess I could see the need for social security/medicare, but anything else is really not justifiable.

lulzgamer10111 karma

You don't need them, you have us. Do you need us to beat anyone up? BTW- you're a tenor? That's cool, although jealous.

lulzgamer1019 karma

How do I download the nortons?

lulzgamer1018 karma

It is double taxed after the exemption, yes.

lulzgamer1016 karma

Actually you do. You include all your income when filing in both countries, but you exclude up to a certain amount for US income, but after that it's taxed as US income, in addition to the taxes in the country you reside. So whatever is over that cap is double taxed. Some countries have tax treaties so this varies, but without a tax treaty, this is how it works. With a tax treaty, you might be able to exclude some amount in the local country, then only pay social security in the US. It's very country-specific.