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A) Last year's FEIE was 120k. When I was looking at teaching English as a second language abroad, US income tax wasn't a factor, but I could see it being one do
by bobmcnamara 2y ago
A) Last year's FEIE was 120k. When I was looking at teaching English as a second language abroad, US income tax wasn't a factor, but I could see it being one doing tech work. The annoying part is the paperwork and presence requirements. I did meet a couple ESL teachers who did have to worry about it in UAE.
B) A smaller piece. I pay no more than 15% on my capital gains, I think they're capped at 20%, and I get to write off losses. It's wild to me that this is taxed at a lower rate than employment.