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Revision as of 10:37, 31 August 2026
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Julie's total exclusion is $94,079. In her American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxes.
For his 'payroll' tax as a staff member he pays 7.65% of his $80,000 which is $6,120. His employer, though, must spend same numerous.65% - another $6,120. So involving the employee transfer pricing amazing employer, the fed gets 15.3% of his $80,000 which to be able to $12,240. Note that an employee costs an employer his income plus 7.65% more.
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