Difference between revisions of "Tax Rates Reflect Well-Being"

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Latest revision as of 01:53, 23 September 2024

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Julie's total exclusion is $94,079. On her American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. income tax.

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