Right now my husband and I live in Germany, but we're trying to get back to the United States. If we stayed until December we would qualify for the the Foreign Income Exclusion. My question is, if we leave early (say July) what would our repurcussions be tax-wise? Thank you.
2007-04-24 07:14:36 · 2 answers · asked by Kristen 2 in Business & Finance ➔ Taxes ➔ United States
I don't think you would be eligible to exclude your foreign income from you US tax return in that case. I believe you could claim a credit based on taxes paid to Germany. The link below is Publication 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad. If no one has a better answer, you may be able to find help there.
2007-04-24 12:15:06 · answer #1 · answered by STEVEN F 7 · 0⤊ 1⤋
Depends on why you were there really. I would think none unless you made the money over here in America.
2007-04-24 14:23:54 · answer #2 · answered by clarnely_2001 4 · 0⤊ 1⤋