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Revision as of 19:17, 28 July 2026


Ask ten people seeking can discharge tax debts in bankruptcy and shortly get ten different answers. The correct answer usually that you can, but in the event that certain tests are met up.

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Basically, the government recognizes that income earned abroad is taxed by the resident country, and end up being excluded from taxable income from the IRS in case the proper forms are tracked. The source of the income salary paid for earned income has no bearing on whether it is U.S. or foreign earned income, but rather where perform or services are performed (as in example of an employee employed by the Ough.S. subsidiary abroad, and receiving his salary from the parent U.S. company out for the U.S.).

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