If you’re a United States citizen working in another country, chances are you’ll still have to file a federal income tax return. You may even have to pay taxes on your earnings. Needless to say, ...

If you are a U.S. citizen or resident, you are subject to U.S. income tax on your worldwide income. If you had income in a foreign country, you also may have to pay foreign income tax. The foreign ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes ...

If you are a U.S. citizen or a resident alien, your income is subject to U.S. income tax, including any foreign income or income earned outside of the U.S. It doesn't matter if you reside inside or ...

The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, ...

Treasury issued proposed regulations (REG-112096-22) relating to the foreign tax credit (FTC) on Friday, including revisions to the reattribution asset rule for purposes of allocating and apportioning ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign investments and securities. What is the potential tax impact of foreign ...

The Tax Court ruled against a taxpayer’s petition for the foreign earned income exclusion and foreign housing exclusion, holding that she had waived the right to each in a closing agreement with the ...