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To: Pogeu Mahone who wrote (378845)12/5/2008 2:45:40 PM
From: oldirtybastard3 Recommendations  Read Replies (1) | Respond to of 436258
 
The IRS probably won't even get to you in 10 years if you don't get flagged through unpaid W-2 taxes or 1099 security sales before you leave. Pay your last owed tax, quit job, then leave -g-



To: Pogeu Mahone who wrote (378845)12/5/2008 2:54:05 PM
From: Horgad  Respond to of 436258
 
As I understand it the 10 year rule only applies if you have a net worth of 2 mil at the time of expatriation or if your tax bill is expected to exceed 127k per year.

The other caveat being for the first 10 years if you are present in the US for more than 30 days in a given year you will owe taxes for that year.


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