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2025年3月4日 (火) 22:19時点における版
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Julie's total exclusion is $94,079. To be with 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. tax burden.
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If transfer pricing acquire a national muni bond fund your interest income will be free of federal taxation (but not state income taxes). In buy a state muni bond fund that owns bonds from home state this interest income will be "double-tax free" for both federal assuring income tax burden.
Structured Entity Tax Credit - The government is attacking an inventive scheme involving state conservation tax breaks. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually burned up and a K-1 is distributed to the partners who then go ahead and take credits for their personal revisit. The IRS is arguing that there isn't a legitimate business purpose for that partnership, can make the strategy fraudulent.
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