Embedded Files
Updated: 03/07/2023
U.S. Citizens and U.S. Resident Aliens, both those who have a U.S. Green Card and those who meet the substantial presence test, are required to report and pay taxes on their worldwide income. However, generally, there are certain exceptions and exclusions under certain conditions.
To avoid double taxation, IRS provides three options:
(1) To Deduct foreign taxes on Schedule A, like other common deductions
(2) To use form 1116 to claim the foreign Tax credit
(3) To use Form 2555 to claim the Foreign Earned Income Exclusion (FEIE) to allow those that qualify to exclude some or all of their foreign earned Income from the US Taxes. The amount of Foreign earned Income exclusion is 112000.00 for 2022.
United States has Tax Treaties with Other Countries and these treaties may be relevant in certain situations for US Tax payers.
Tax Treaties
26.1- United States Tax Treaty with Armenia 26.2- United States Tax Treaty with Australia 26.3- United States Tax Treaty with Austria 26.4- United States Tax Treaty with Azerbaijan 26.5- United States Tax Treaty with Bangladesh 26.6- United States Tax Treaty with Barbados 26.7- United States Tax Treaty with Belarus 26.8- United States Tax Treaty with Belgium 26.9- United States Tax Treaty with Bulgaria 26.10- United States Tax Treaty with Canada 26.11- United States Tax Treaty with China 26.12- United States Tax Treaty with Cyprus 26.13- United States Tax Treaty with Czech Republic 26.14- United States Tax Treaty with Denmark 26.15- United States Tax Treaty with Egypt 26.16- United States Tax Treaty with Estonia 26.17- United States Tax Treaty with Finland 26.18- United States Tax Treaty with France 26.19- United States Tax Treaty with Georgia 26.20- United States Tax Treaty with Germany 26.21- United States Tax Treaty with Greece 26.22- United States Tax Treaty with Hungary 26.23- United States Tax Treaty with Iceland 26.24- United States Tax Treaty with India 26.25- United States Tax Treaty with Indonesia 26.26- United States Tax Treaty with Ireland 26.27- United States Tax Treaty with Israel 26.28- United States Tax Treaty with Italy 26.29- United States Tax Treaty with Jamaica 26.30- United States Tax Treaty with Japan 26.31- United States Tax Treaty with Kazakhstan 26.32- United States Tax Treaty with Korea 26.33- United States Tax Treaty with Kyrgyzstan 26.34- United States Tax Treaty with Latvia 26.35- United States Tax Treaty with Lithuania 26.36- United States Tax Treaty with Luxembourg 26.37- United States Tax Treaty with Malta 26.38- United States Tax Treaty with Mexico 26.39- United States Tax Treaty with Moldova 26.40- United States Tax Treaty with Morocco 26.41- United States Tax Treaty with Netherlands 26.42- United States Tax Treaty with New Zealand 26.43- United States Tax Treaty with Norway 26.44- United States Tax Treaty with Pakistan 26.45- United States Tax Treaty with Philippines 26.46- United States Tax Treaty with Poland 26.47- United States Tax Treaty with Portugal 26.48- United States Tax Treaty with Romania 26.49- United States Tax Treaty with Russia 26.50- United States Tax Treaty with Slovak Republic 26.51- United States Tax Treaty with Slovenia 26.52- United States Tax Treaty with South Africa 26.53- United States Tax Treaty with Spain 26.54- United States Tax Treaty with Sri Lanka 26.55- United States Tax Treaty with Sweden 26.56- United States Tax Treaty with Switzerland 26.57- United States Tax Treaty with Tajikistan 26.58- United States Tax Treaty with Thailand 26.59- United States Tax Treaty with Trinidad 26.60- United States Tax Treaty with Tunisia 26.61- United States Tax Treaty with Turkey 26.62- United States Tax Treaty with Turkmenistan 26.63- United States Tax Treaty with Ukraine 26.64- United States Tax Treaty of Union of Soviet Socialist Republics (USSR) 26.65- United States Tax Treaty with United Kingdom 26.66- United States Tax Treaty with Uzbekistan 26.67- United States Tax Treaty with Venezuela
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