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In one of the International Economic PowerPoint presentations, it revealed a big advantage on why it is a good idea for an American to take
In one of the International Economic PowerPoint presentations, it revealed a big advantage on why it is a good idea for an American to take a job overseas. What was the big advantage? Multiple Choice The IRS allows American to work up to two years tax free, but after that they are subject to normal U.S. income taxes even if they live and work overseas. The IRS allows all international income earned from an overseas job to be tax free. The IRS allows individual income up to $120,000 and $240,000 for married couples to be tax-free from the U.S. tax system as of 2023. However, you might have to pay taxes in the foreign country that you live and work in. The IRS taxes overseas income at a low rate of 10 percent
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