Don t Understate Income On Tax Returns
Note: The article author is not CPA or tax commercial. This article is for general information purposes, and need to not be construed as tax good advice. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.
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Conversely, earned income abroad, and residual income from foreign securities, rental, or everything else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, should be used as credits against Oughout.S. taxes due.
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