why: so the government won’t be able to use your money for whatever the fuck they’re planning for the next 4 years.

as a traveler, none of my money has been funding Israel, for example.

one-step method: you basically fill out one extra tax form called FEIE while you’re doing your taxes, write down the dates you were outside of the country, and then since you aren’t in the country and are not receiving any services from the US, you don’t have to pay income tax up to a certain amount (it’s a little over 125k this year).

  • Arbiter@lemmy.world
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    23 hours ago

    That said, if you’re making over 100k trumps tax cuts will probably be pretty nice for you.

    • phoneymouse@lemmy.world
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      22 hours ago

      Not if you live in a state with state and local income tax. They capped SALT deductions, so you’re basically paying tax on taxed income.