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escapeartist
Joined: 09 Feb 2006
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Posted: Sun Mar 12, 2006 2:27 pm Post subject: Do I have to pay tax to IRS while living in Korea? |
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Hello,
If I plan to teach in Korea for a year where the tax rate is about 3%, do I still have to pay taxes to the US govt as well since it's usually about 20%.
Any info on this would be greatly appreciated.
Cheers! |
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Wangja

Joined: 17 May 2004 Location: Seoul, Yongsan
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Posted: Sun Mar 12, 2006 3:14 pm Post subject: |
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If you earn more than 80,000 USD, yes, you pay tax on the top slice. |
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