Question on taxes, I worked in another country this year (although remained allocated to my home office in the US). When filing will I have to do anything special and/or claim foreign income?

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Were you paid from the US office? If yes, then most likely no. You need to meet certain foreign residency requirements and not have spent more than 30 days in the US to be able to claim foreign income credit. Also best to check with a tax accountant or read up on the topic.

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Were/will you be taxed by the foreign country on income you earned there?

Yeah, you shouldn’t be. And you weren’t out of the US long enough to qualify for exclusion.

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It's no different than in the US where if you worked in another state for x days then income taxes apply. Just need to know the laws of that country with the US.

Related Posts

Hey guys, one question. My H1B will start on Oct 1st, and I am planning to visit my home country to get H1B visa stamp. I filed my amended state tax return a year ago and did not hear from them. Does it affect my VISA or entry to the US? Or should I call them to check the status of my status tax return? Please advice

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Buying a house for ~900K in one of the Boston suburbs - my household income is ~230K. Am I stretching too far?

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What do you think about the outlook for AM / HF jobs in the future? Will they continue to be there, or will they be slowly canceled by passive investing? Thinking about going into IM post MBA, but this thought is holding me down

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Anyone invested with QQQM or QQQJ? Thinking about splitting a chunk between both.

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I'm trying to buy a bigger than normal whiteboard for my home office: any recommendations?

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Advice & resources? My spouse and I are starting to make good money (ages 28 & 31, $105k & $70k) with $10k in savings (we were hit hard financially this year) and 2 car payments.

We live in a cheap apartment ($1.3k) that is sh*tty. Don’t quite have a down payment (especially not in ATX). Is it dumb to rent a house for a year at $3k/month while we save up again?

We both didn’t come from $ and are figuring out how to not be idiots 🙃 tbh we would prefer to rent forever but that feels dumb???

Trying to buy a house and the home inspection identified termites - seller said it was taken care of during gut renovation prior to them moving in? They’ve done inspection every year and no active termites. Is this house still worth it? Aside from this, it’s a dream home 😥

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Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

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Steel Case vs Herman Miller

Is Herman Miller the undeniable winner in the office chair market or is Steel Case a contender for first?

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Luggage delay claim question

I used Chase explorer to buy tickets for my vacation and luggages were delayed for a month. Per chase term I am entitled $100 a day for 3 days. But the claim agency chase used has been asking for airlines response, which has not came (2month+ now). I am concerned insurance will use this as an excuse to never compensate. Is there a good way to handle this situation?
TIA

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Do all B4 firms match only 25% on our 401k contributions up to 6%?

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This is an emotional dump rn. It may be lack of social interaction but I'm really frustrated lately. I feel like I lost last 2.5 years of my life with ongoing lockdowns and job instability in the first half of the pandemic. I was 28 turing 31. I get good dates but -ve self talk
Inflation is high & coming from a low income family where you're supposed to help your parents is driving me nuts. Although I make a good salary, after rent, car insurance, there isn't much left (unfav currency exchange)

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People selling risky assets at the lows just to pile into safe heavens that barely appreciate seems like an logical investment strategy. Please stop. Invest in broad indexes and throw away the keys. If anything buy more as everyone sells. This is not rocket science, but as we know investing in difficult times brings out animal spirits. And animals are dumb…Good luck all

smart

For those who have most of their money invested, when a building wants to see your bank statements for a new lease, can you show them that your money is elsewhere?

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Serious question...should I sell or hold my Dogecoin? It makes up half my portfolio now and made me $40,000 this week. Think this is as high as it will go or is there still room to grow?

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likefunnyuplifting

I am starting personal investment now- please tell me if this plan looks good:
- Already have a 401k plan with max matching form my employer
- invest in 5000$ in S&P ETF
- invest 5000$ each in AAPL, AMZN, GOOGL,MSFT
- invest 1000$ each in Netflix, ADP and Home Depot
- invest 500$ each in Intel, Nike,Walmart and T-Mobile
- small amounts 100-500 in Merck, GE, Coca Cola , Altria and Samsung.

Thoughts? I plan to invest a little bit each month (200$) in ETF. Any suggestions?

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Won’t the proliferation of digital fiat currencies created by central banks (US, England, China, Sweden) make bitcoin’s success inevitable?

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Hi, Ive been working for 5 yrs now , but haven't made any investment or bought asset as such, no savings except the ppf. Please guide

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Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

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Forcing me to use my standing desk

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likefunnyuplifting

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Is there any fish who is willing to refer me to @stax

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What happened to iMedia Connection? Did they go out of business?

Im working at a big multi-product company and we're having 5 dedicated product teams, however, teams are working in silos. Each team's has its own process, design system, technology etc. We identified that most of the teams use and need components that were already conceptualised, designed and developed, for our other products, and we are starting to create a global set of components, a global design system that we will use on all our products. What is your approach?

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Hi All,
I have 3 years of workday integration experience and currently have workday integration core certificate what should be the ideal package I should look for currently I have offer of 12 LPA from one partner company.

Hi everyone ,
Deloitte will match the offer from ZS associates ?
Deloitte-7.5 fixed +1.1 variable
ZS associates-10lpa+1 variable

Please suggest on this..Deloitte Deloitte USI Deloitte Tata Consultancy

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I work in deals and am frankly frustrated that those with 9-5s can get better GMAT scores with their schedules while I have to work around an unpredictable schedule at 80 hrs/week.

likefunnysmart
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How much bonus did coforge pay in year 2022? 100%?

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If joining bonus is declared to be given, then is it paid soon after joining or at the month end...This is in context with Capgemini

How much are you expecting in raise/promotion or exit opps for having the CPA title and credentials?

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This question is quite broad and subjective but would love to hear some thoughts. For a couple with family income of about 60 LPA in India, is it wise to move to Canada/UK via the PR route? I have seen no matter how much experience you have, it's usually about building up from scratch.

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Are there any fundamental differences between a salary negotiation during the start (applying for the job) vs. Salary negotiation during a performance review (you’ve been employed for x time and looking for a raise). I’m in the latter and wondering if there are any maneuvers that are different I should be doing.

likehelpful

Can anyone check the pay range for a position at CVS Health. I have the job req. Please and Thank you :)

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𝐖𝐞'𝐫𝐞 800 🎊🎉👏

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Does anyone have recommendations for a wicker park-based barber/hair stylist that does a good job with long men’s hair?

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Happy Independence Day🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬

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Are there any disadvantages of joining a C2H role purely on the basis of high CTC even though it is for a big client of the contractor company?

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Hey folks,
Can you please let me know what is the process to get into Thoughtworks for a Java Developer with 6 YOE ?
Thank you!

Additional Posts in Consulting

Asking for a friend. Do you know if navigant has a “freeze” policy where candidates can’t reapply for a certain number of years if they don’t get in the first time?

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First time edible user, 10mg. I don’t think I’ll work tomorrow.

likefunnyupliftingsmarthelpful

What industry exits are there for workforce consultants (look at labor costs/cost centers and implement workforce plan/RIF)?

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Deloitte peeps. Just saw a posting for Investment Management & Real Estate Sr. Consulting role. How are the state of things. Are they actually hiring or keeping the pipeline warm?

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Did anyone read the top consulting firms to work for? 😂😂😂

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Those who left M&A consulting, what are you doing now?

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First day back in industry! Wish me luck! ❤️

likesmart

Looks like I missed the deadline for most US consulting internships. Is anyone still hiring? 2nd year undergrad from non target TIA

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Might have ADHD.. I've started playing instrumental rap beats during boring meetings so it sounds like they're freestyling. Really helps me pay attention, but how do I keep doing this once we return to work?

funnylike

The libs are going after Notre Dame now…sigh. It’s only a matter of time before they take our mascot away -_-

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EY, PwC, KPMG : which of the three is the most prestigious, good for building resume and career?

funnylike

SM asked us to shifted client billing hours to non-chargeable code... Will significantly impact utilization... Sucks

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Beside toastmasters, what are other ways to improve communication and public speaking skills? Books, podcasts...?

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My team just sold a next phase of work to the client (small team, so I’m main person to deliver the work), but I just got a written offer for a dream job. I’m definitely going to accept the offer, but feeling guilty since this phase was just sold (the client knows me and has said positive things about my work). I guess just looking for reassurance, since I’m dreading letting them know.

likehelpful

STARTUP FOUNDERS and FAANG: would you rather hire MBB with 3-4 years of exp or Tier 2 with 5-6 years? If you could isolate those variables and everything else held constant.

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Any recommendations for a nice dive watch under $500?

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MAKE NAPS GREAT AGAIN. When I become a manager one day, everyone on my team will be allowed the option to take a nap. Sincerely, C

likefunnyupliftinghelpful

Going on a trip to Snowshoe WV. Any good ideas on the must tries around ?

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Any idea why EY is not on the list of Vault 50 top consulting firms but it is on the prestigious list?

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What kind of jobs can let you be remote anywhere in the world?

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