Getting Gone Tax Debts In Bankruptcy: Difference between revisions

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Revision as of 05:09, 7 January 2025

Note: This writer is not really CPA or tax quality. This article is for general information purposes, and might not be construed as tax professional guidance. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.

In fact, this column was inspired by an innovative York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to put no relating your transfer pricing provider." (1) Then why does the person being tipped pay levy?

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Julie's total exclusion is $94,079. On her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxes.

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