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Deductions & credits
@Sam613613 wrote: "I live in a foreign country and I don't have to pay US taxes since I pay taxes in the foreign country."
Wrong. If you're a U.S. citizen, the foreign tax credit may reduce your U.S. tax liability, but the fact that you live abroad does not in itself relieve you of the obligation to file a U.S. tax return nor to pay U.S. income tax.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎November 9, 2022
8:21 AM