The most common question on many US Expats’ mind is “Do I need to file a US tax return?” and as you may have guessed the answer is almost always “Yes!” If you live and work abroad you need to file a US tax return even if you are already paying a big chunk of your income to the tax authorities in the country in which you live. You will, however receive some advantages that your friends at home will not. For instance, the first $91,500 of your foreign earned income will be excluded from your US taxes. If you live in a low tax rate country such as Singapore, that can be a huge advantage and save you a significant amount of money. You may also be able to deduct some or all of your (reasonable) housing and living costs (such as utilities) from your income.
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