Our 2019 tax return has some good examples of the FEIE, the long-term benefits of capital gain harvesting, and tax and travel hacking synergies.
As I’ve shown again and again (and again), at this income level we would pay zero income tax.
Foreign Earned Income Exclusion100% of income from GoCurryCracker.com is foreign earned income, which can be excluded from taxation.
Next, the tax on excluded foreign income is determined from the 2019 tax tables (pdf.)
$90,951 of this sale was taxed at 15% for a tax burden of $13,643 (100% of our 2019 tax burden.).
No Comments
Leave a comment Cancel