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The Foreign Earned Income tax credit if $91,500 for 2009. But more than likely you'll still be on the hook for Social Security and Medicare (depending on the c
by holdenc 17y ago
The Foreign Earned Income tax credit if $91,500 for 2009. But more than likely you'll still be on the hook for Social Security and Medicare (depending on the country) so you'll likely be paying a minimum of 15% tax.
Anything over the $91,500 gets taxed as if earned in the normal US tax bracket. So if you happen to be running a successful business abroad, get ready to pay the US dearly.