Australia Forum banner

Status
Not open for further replies.
1 - 3 of 3 Posts

·
Registered
Joined
·
17 Posts
Discussion Starter #1

·
Registered
Joined
·
8 Posts
Absurd isn't it- :( if memory serves the USA is the only developed country to tax it's citizens abroad....

I think the world threshold has increased for 2013. $98k roughly. (Converting to American)
It's another expense to add. And if you ever want to go back to the us they will require your taxes for all years out of the country be up to date.

Some states also tax it's foreign residents-

You'll def need to seek the advice of professionals on this matter.
 

·
Registered
Joined
·
9 Posts
I'm not an expert on the subject, however I just completed my U.S. taxes for 2012. You can qualify for foreign income tax exclusion for under $92k or something similar. The problem I had was I only lived in Australia for 6 months by the end of the financial year, so I didn't qualify as you have to be here a minimum of 12 months. I was advised to file an extension for my taxes, and when the year was up (the 6th of this month), I filed and received my tax back, rather than having to pay.
 
1 - 3 of 3 Posts
Status
Not open for further replies.
Top