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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: Wayners who wrote (45461)5/9/2005 7:50:43 PM
From: geode00  Read Replies (1) of 173976
 
As a U.S. citizen or resident alien, your worldwide income generally is subject to U.S. income tax regardless of where you are living. Also, you are subject to the same income tax return filing requirements that apply to U.S. citizens or residents living in the United States.

However, several income tax benefits might apply if you meet certain requirements while living abroad. You may be able to exclude from your income a limited amount of your foreign earned income. You also may be able either to exclude or to deduct from gross income your housing amount (defined later).
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