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thesilverlining
Joined: 09 Jan 2009
Location: trying to get to korea soon
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 Posted: Sat Jan 10, 2009 10:58 am Post subject: Americans - how do you declare/pay your taxes? |
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| I worked in Korea for 1 year and paid Korean income tax. Do I have to pay American taxes for this as well? How do I declare this when filing taxes? |
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kprrok
Joined: 06 Apr 2004
Location: KC
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| Posted: Sat Jan 10, 2009 5:28 pm Post subject: |
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| When you fill out your 1040, you'll enter zero on pretty much everything except one or two lines where you'll put the information from the 2555 (EZ) which is Foreign Earned Income. If you stay under 70-80,000 US, you'll not need to pay any US taxes. |
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thesilverlining
Joined: 09 Jan 2009
Location: trying to get to korea soon
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| Posted: Sat Jan 10, 2009 5:40 pm Post subject: |
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Thank you!  |
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