3 ms·
It sounds scary but just like someone else pointed out it only applies if you're in a country with a lower tax bracket. Since federal income taxes are fairly lo
by tinbad 12y ago
It sounds scary but just like someone else pointed out it only applies if you're in a country with a lower tax bracket. Since federal income taxes are fairly low in the US it's not likely to be an issue unless you migrate to a country with even lower taxes. On top of that, some (Western) countries have a treaty with the US to avoid double taxation and exempt you from filing taxes in both countries if you reside in either country for the majority of the year that the taxes are filed for.