I have found a good job in Europe. Do I have to pay both US and EU taxes? The job is in Austria. Thank you
United States - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Austria? Are you like a ski-hill operator?
2 :
As a US citizen you are subject to the US tax laws, as you know, and this includes a sizable "tax credit" for overseas income. I believe it is around $87,000, beyond which you will owe US taxes. In any case, it may be advisable to continue filing IRS returns every year.