@RandAlThor@lemmy.ca to Canada@lemmy.ca • 4 months agoWhy some female physicians are eyeing a move to Canada from the U.S.www.cp24.comexternal-linkmessage-square43fedilinkarrow-up1221arrow-down10cross-posted to: news@lemmy.world
arrow-up1221arrow-down1external-linkWhy some female physicians are eyeing a move to Canada from the U.S.www.cp24.com@RandAlThor@lemmy.ca to Canada@lemmy.ca • 4 months agomessage-square43fedilinkcross-posted to: news@lemmy.world
minus-squareyeehawlinkfedilink3•4 months agoBut isn’t it true that you still have to pay some sort of annual tax to the USA even if you no longer live there?
minus-square@jagged_circle@feddit.nllinkfedilinkEnglish2•edit-24 months agoNo. It is not true. I lived outside the US for many years and never even filed my taxes because my income was less than $100,000 per year. If you earn a bit more than that, or you have income from capital gains, then may have to report it and pay taxes, yes. See IRS rules for “Foreign Income Exclusion”
minus-square@kent_eh@lemmy.calinkfedilinkEnglish2•edit-24 months agoAmericans have to submit tax forms to the IRS every year, even if they are no longer living there or earning income there.
But isn’t it true that you still have to pay some sort of annual tax to the USA even if you no longer live there?
No. It is not true.
I lived outside the US for many years and never even filed my taxes because my income was less than $100,000 per year.
If you earn a bit more than that, or you have income from capital gains, then may have to report it and pay taxes, yes.
See IRS rules for “Foreign Income Exclusion”
Americans have to submit tax forms to the IRS every year, even if they are no longer living there or earning income there.