2 ms·
The hefty fee is only $2350, about two years of your F-35 payments. The exit tax is just your unpaid taxes and only applies to high net worth individuals (over
by pests 3y ago
The hefty fee is only $2350, about two years of your F-35 payments.
The exit tax is just your unpaid taxes and only applies to high net worth individuals (over $2 million) or other special circumstances. If you already paid taxes on income, you won't be double taxed. It's basically the pro-rated "final tax bill" because you are leaving in the middle of the tax year.