Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Are we taxed on our earnings when getting back to U.S.??

 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  
Author Message
DC in Suwon



Joined: 14 Dec 2008

PostPosted: Wed Dec 31, 2008 8:53 am    Post subject: Are we taxed on our earnings when getting back to U.S.?? Reply with quote

Are we taxed on our earnings when getting back to U.S.??
Back to top
View user's profile Send private message
The Grumpy Senator



Joined: 13 Jan 2008
Location: Up and down the 6 line

PostPosted: Wed Dec 31, 2008 8:57 am    Post subject: Reply with quote

You are tax-exempt up to $80,000 of foreign earned money. There is a form you fill out along with your 1040 and just zero everything out.
Back to top
View user's profile Send private message
peacemaker



Joined: 19 Sep 2006

PostPosted: Wed Dec 31, 2008 11:26 am    Post subject: Reply with quote

Yup. The form is 2555 if I remember right. Check out irs.gov
Back to top
View user's profile Send private message
DC in Suwon



Joined: 14 Dec 2008

PostPosted: Wed Dec 31, 2008 11:47 am    Post subject: Reply with quote

thanks a lot guys!
Back to top
View user's profile Send private message
ChinaBoy



Joined: 17 Feb 2007

PostPosted: Wed Dec 31, 2008 6:11 pm    Post subject: Reply with quote

You must file every year. Do not wait until you "get back to U.S." (sic)
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

TEFL International Supports Dave's ESL Cafe
TEFL Courses, TESOL Course, English Teaching Jobs - TEFL International