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This doesn't really apply to me as I'm not a US Citizen or a Green Card holder, but out of curiosity. Are you on a payroll in your home state and pay state + fe
by anonymous2324 5y ago
This doesn't really apply to me as I'm not a US Citizen or a Green Card holder, but out of curiosity. Are you on a payroll in your home state and pay state + federal taxes or are you paid as a contractor similar to what I do?
- digianarchist 5y agoMost people do pay taxes in their home country. You can't be a tax resident of nowhere. In Canada to become a nonresident for tax purposes you need to establish tax residency elsewhere.
- anonymous2324 5y agoYeah that's what digital nomads do. I live long term in the country I am located in so there's little doubt on where I need to pay my taxes. Actually for Americans the rules are bit different in that Uncle Sam wants his cut even if they live overseas (over a certain amount IIRC) but for the rest of us it's purely residence based.
- lometogo 5y agoFrom the US IRS site: For tax year 2020, the maximum foreign earned income exclusion is the lesser of the foreign income earned or $107,600 per qualifying person. For tax year 2021, the maximum exclusion is $108,700 per person.
- idontwantthis 5y agoYep on salary. Pay federal and state taxes but get almost all of it returned with FEIE.