Originally Posted by
frodaddy
Hi fellow FT'rs
. . . .
Thanks in advance for your help/suggestions!!
good day,
you didn't ask, but i will tell you anyway . . .
as an american, your income earned in a foreign country is still taxable by uncle samuel. please see the following link for some very helpful, INTRODUCTORY comments on how to exclude foreign earned income from taxation by the us, what may be excluded (and what may not), etc:
http://www.irs.gov/faqs/faq13-3.html
incidentally, i have been a professional tax preparer for several years -- please be sure to contact a professional preparer in your area so that you will know the rules on how to exclude your income (if you go to an h&r block office and talk with a senior preparer they will be able to help you). absent that, you could download the publications mentioned in the above url and read up yourself on what is required. or, you could get a publication such as lassiter's and read in there what you will need to know.
as a last resort, contact your hr department on this topic, or perhaps there is a colleague in your office who just returned from abroad and can advise you.
i have seen too many people lose out on this by not knowing the rules beforehand.
have a great year.