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Latest revision as of 15:48, 15 May 2026


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

I was paid $78,064, which I'm taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) in to a 401k, making my federal income taxable earnings $64,744.

Someone making $80,000 each and every year is really not making a great deal of of coin. The fed's 'take' is quantity of now. Duty originally started at 1% for the very rich. And today the government is intending to tax you more.

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