Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
14858712
Topic
1464100
Board
Legal
Re: The legality of sending money abroad using bitcoin - am I doing something wrong?
by
Syke
on
15/05/2016, 18:09:21 UTC
Quote from: AlexGambaryan on May 07, 2016, 11:06:29 AM
I was told that usually one cannot be taxed twice on the same income. So I assume I am in the clear. Is this correct?
No, the US loves to double-tax foreign income. Fortunately, there are exemptions.
https://www.irs.gov/Individuals/International-Taxpayers/Foreign-Earned-Income-Exclusion