Offshore Business - Pay Low Tax: Difference between revisions

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Latest revision as of 17:34, 21 July 2025


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Julie's total exclusion is $94,079. On her American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxing.

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I was paid $78,064, which I'm taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) in a very 401k, making my federal income taxable earnings $64,744.

While Can not tell you the specific impact that SBA debt forgiveness will enhance you, the idea of my article is absolutely just to find that loan forgiveness does potentially have tax consequences that a borrower glance into to be able can cause the most informed decision straightforward.

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