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Revision as of 00:14, 17 May 2026
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We hear a lot about income taxes, however most people can never predict just how much income-related taxes they're getting to pay. We're taxed by both our federal government and our state. Due to the fact federal government takes the lion's share, I'll concentrate on its taxation.
Conversely, earned income abroad, and a second income from foreign securities, rental, or whatever else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, may be as credits against U.S. taxes due.
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