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| "Juan" <jrufigo[at]hotmail.com> wrote: - quote - > I am looking for some info regarding my complicated tax
On the 1040 for the US and on whatever tax form the UK uses.> situation... Any help is appreciated. > I am a US citizen, for most part of the year I have been > working in the US and in September I will move to the UK > where I will be working for a UK company (being paid in > Sterling in the UK) for 2 years and 3 months. > I have checked the double taxation treaty but it does not > clarify much to me... > Where do I have to pay taxes for my salary US, UK, both ? - quote - > Does this depend on the amount I make ? Is there any relief
You take a foreign tax credit for UK taxes paid.> for double taxation ? I assume that there will be > differences for 2004 (earnings in US and UK) compared to > 2005 (working only in UK). - quote - > To make it even harder, I have been working abroad in 2004
Nothing changes if you were here for 183 days. You're a US citizen. If> and therefore I do not think that I will reach the 183 days > in 2004 in the US... you're in the UK as a resident for 330 days out of any one year period you can exclude a portion of the wages you receive from US income, roughly $80,000. There are other possibilities as well but you would be wisely served in obtaining the services of someone who works in this area. -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I am looking for some info regarding my complicated tax situation... Any help is appreciated. I am a US citizen, for most part of the year I have been working in the US and in September I will move to the UK where I will be working for a UK company (being paid in Sterling in the UK) for 2 years and 3 months. I have checked the double taxation treaty but it does not clarify much to me... Where do I have to pay taxes for my salary US, UK, both ? Does this depend on the amount I make ? Is there any relief for double taxation ? I assume that there will be differences for 2004 (earnings in US and UK) compared to 2005 (working only in UK). To make it even harder, I have been working abroad in 2004 and therefore I do not think that I will reach the 183 days in 2004 in the US... Please help !!! Tx, J. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| double, taxation, usuk |
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