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Example: Mary, an American citizen, is single and lives in Bermuda. She earns an income of $450,000. Part of Mary's income will be subject to U.S. tax at the 39.6% tax rate.

The increased foreign earned income exclusion, increased income tax bracket income levels, and continuation of Bush era lower tax rates are excellent news for all your American expats. Tax rules for expats are complicated .. Get the professional guidance you desire to file your return correctly and minimize your Ough.S. tax.

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