Re: Other Countries to Live/Play
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First 80k you make in another country is tax free in the USA
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Yeah, and when you're indicted for income tax evasion, you can tell the judge that some random anonymous guy on an internet poker forum said it was okay. LOL
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um look it up on the IRS website. There appear to be some restrictions but basically he's right and you're not, which seems to be pretty common.
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The guy making the tax evasion comment is an idiot and does not have a clue. Not only do you get an 80K exclusion but if you rent you get quite a bit of credit for that as well. I know these things for a fact because I have filed taxes for two years now living abroad. And I have a very good, conservative, accountant doing my taxes who understands 'offshore' issues.
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