126
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Mar 2024
126 points (97.7% liked)
Asklemmy
43781 readers
940 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
You should file for taxes. It's highly likely you don't actually owe any money. There's probably an expat community in Germany that can help you out with finding someone familiar with US tax law without going to the US.
If you somehow owe taxes it could be a problem, but I really doubt that is the case.
Isn't the US the only country in the world requiring its citizens to pay taxes if they both live and work abroad? Or is there some huge earning limit to that that most people will never reach?
Well... there is also Eritrea, a small country in West Africa.
The U. S. Taxes is based on the country you're living in. If there are double taxation treaties between the two countries (ie: Europe and the U. S.), then the IRS would tax you on the amount you've earned over a certain limit (it was 100k usd, but I think was increased). Meaning, if you earned 110k usd, you'd be taxes on the 10k. If you earn less then 100k, you'd pay no U. S. Taxes.
If there isn't a treaty, which is often the case in countries that tax their citizens less than the U. S. , then you'd basically be charged taxes in the U. S. (based on your worldwide income) minus whatever you paid the country you're living in.
I'm not sure about only, but it's the major one. I don't know the full details since I don't work in another country, but you're essentially right. You have to make a lot of money to actually pay tax working in a foreign country. Google says the first $120k in USD is tax free. I believe you can also deduct taxes paid to the country you reside in if you happen to make more as well.