View Single Post
Old 10-04-2022 | 05:33 AM
  #581  
Braniff DC8
Line Holder
 
Joined: Oct 2008
Posts: 988
Likes: 3
From: L188
Exclamation Be careful with this

You REALLY REALLY REEEAAAALLLLYYYY need to be careful playing this game, never mind putting this advice on a public forum. A lot of people have tried to play this game and got told NO with penalties and interest. I would say that if you work for a U.S. carrier, and thus a citizen or green card holder or work visa, that overseas deal ain’t gonna work. If you work for a foreign carrier, and live abroad (FOR REAL) then you could do it. No matter what, you still have to pay U.S. tax AND you still have to file a return. It’s an exclusion NOT an exemption.

This is NOT advice, it’s awareness. There is a story from years ago when some Northwest guys were trying to pull this stunt and got caught. You can mess up your marriage, your life, your house but DON’T MESS WITH THE IRS. They are not forgiving or nice when it comes to people trying to cheat or rip them off.

I know it’s a pain but pay your taxes. Things like this will haunt your finances in more ways than one. Employers can AND WILL terminate you for this. If you do go overseas, YOU MUST REPORT YOUR INCOME AND ACCOUNTS NOW PERIOD.

Rant finished and please, I beg of you, be careful with this. This is a biggie!
Reply