i am both a Filipino and US citizen. Do my Philippine earned income have to be taxed by the US goverment? If I reside in the Philippines, do I have to pay US taxes?
2007-10-09 07:45:12 · 2 answers · asked by cristina b 1 in Travel ➔ Asia Pacific ➔ Philippines
I will be working in the Philippines as well as living/residing there?
2007-10-10 01:26:25 · update #1
I believe you have to file an informational return only.
Please read Publication 54, per attached link
http://www.irs.gov/businesses/small/international/article/0,,id=97130,00.html
Good luck.
2007-10-09 08:02:04 · answer #1 · answered by gbdelta1954 6 · 0⤊ 0⤋
Yes, you sure do. The United States taxes its citizens on their world-wide income no matter where they live. Certain deductions may be available to you that Americans living in the states can't take, but yes, you have to file each and every year.
2007-10-09 08:54:26 · answer #2 · answered by Yak Rider 7 · 0⤊ 0⤋