American tax for US residents living abroad - USA Expat Taxes

James Scott25 Nov, 2022News

The requirement to file American tax for US residents living abroad is the same and is subject to declaring their worldwide income. The difference is that taxpayers living abroad can use foreign income exclusion to exclude or reduce the taxable income or Foreign Tax credits to get credits paid abroad and avoid double taxation. Hire the best tax consultants to manage your expat taxes effectively!