pk
Level 15
Level 15

Deductions & credits

Whether you are a 2 year or 10 year green card holder , you are treated as a resident / citizen  for tax purposes. There are no limitations to how you legaly earn your living.    You are taxed on your world income and foreign income is taxed just like domestic  ( i.e. US sourced ) income.  If you pay taxes to a foreign  taxing authority  for your income then  you are eligible to recognize  that tax either as a deduction ( if you itemize ) or foreign tax credit.  Hope this helps

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