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Revision as of 04:50, 8 January 2025

The IRS has set many tax deductions and benefits instead for taxpayers. Unfortunately, some taxpayers who are earning a advanced of income can see these benefits phased out as their income ascends.

Julie's total exclusion is $94,079. On the 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. cask.

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