3 ms·
is it common to need to take the FTC on residence taxes? my understanding is that US federal income taxes are lower than most foreign taxes, and skimming the Ja
by Hello71 4y ago
is it common to need to take the FTC on residence taxes? my understanding is that US federal income taxes are lower than most foreign taxes, and skimming the Japanese personal income tax brackets, it seems to be slightly higher than US federal income taxes (ignoring deductions).
- YouMeWeThem 4y agoI would imagine most people earning under the Foreign Earned Income Exclusion limit ($112,000 in 2022) are taking that over the FTC, if just to avoid the headache.