Most Americans/American permanent residents living abroad are required to file a U.S. Income Tax Return in order to avail themselves of the Foreign Earned Income Tax Exclusion. The Exclusion allows a taxpayer not to pay U.S. taxes on all of one’s earning under a specific threshold. You may lose the Exclusion if you do not file the return. You can file your U.S. taxes from within Korea. The Earn Income Tax Exclusion may be filed via IRS Forms 2555 orContinue reading
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