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Revision as of 06:18, 6 August 2026


The IRS has set many tax deductions and benefits in place for citizens. Unfortunately, some taxpayers who earn a top level of income can see these benefits phased out as their income ascends.

Conversely, earned income abroad, and second income from foreign securities, rental, or anything abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, used as credits against You.S. taxes due.

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