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When Do U.S. Expats Have to Pay U.S. Taxes? Worldwide Income Tax - Golding u0026 Golding Tax Specialist

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Unlike almost every other country across the globe, the United States follows a citizenshipbased/worldwide income tax model for individuals who are considered U.S. Persons for tax purposes. That means that taxpayers who are considered U.S. persons for tax purposes are required to report their worldwide income on their annual U.S. tax return. This is true, even if the taxpayer is a foreign resident and earning all of their income from foreign sources. Unfortunately, there is a lot of misinformation on the World Wide Web about obtaining digital nomad visas to avoid taxes and that just living overseas somehow eliminates a U.S. Person's US tax filing requirements (read: it doesn't). Let's walk through the basics of what happens when you work abroad and if you are still required to pay U.S. taxes.

posted by yshokkie84