Are fund remittances abroad tax deductible?

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Are fund remittances abroad tax deductible?

2007-03-21 10:43:28 · 1 answers · asked by jenny 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

This applies to overseas contract workers; wherein they work here in the US yet sends money back to the home country to support their families there... in essence, it is dollars that are being sent out of the country or abroad. Can this monies & the charges be considered tax deductible for overseas contract workers?

2007-03-22 07:05:57 · update #1

1 answers

Way too general a question. Full details, please!

2007-03-21 11:48:24 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋