Income Outside Us Taxes

Income tax regardless of where you reside.
Income outside us taxes. Use the foreign earned income tax worksheet in the form 1040 instructions. Figuring the tax if you qualify for and claim the foreign earned income exclusion the foreign housing exclusion or both must figure the tax on your remaining non excluded income using the tax rates that would have applied had you not claimed the exclusion s. Citizen or resident alien the rules for filing income estate and gift tax returns and paying estimated tax are generally the same whether you are in the united states or abroad. You re a us citizen or a green card holder and you live somewhere outside the usa i e.
This is true whether you reside inside or outside the united states and whether or not you receive a form w 2 wage and tax statement or form 1099 from the foreign payer. Your worldwide income is subject to u s. You may have us tax filing obligations if you have personal income such as wages salary commissions tips consultancy fees pension fund alimony us and or foreign social security interest dividends capital gains rental.