Quote:
Originally posted by gar1976
Might want to sit down and consult with an accountant for all this, since I haven't dealt with them much, but here goes:
Unearned income (interest, dividends, etc.) will be double taxed at both the foreign and US level. Same with earned income over $80k US. However, you will get to file form 1116 to claim a foreign tax credit, which will reduce the amount of US tax you owe.
|
Thanks again...the only thing is that I think it might be hard to get US tax advice over here in Austria
Ill figure it out, i guess!!
__________________
"Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before.
He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way."
-Kurt Vonnegut
|