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Don't miss out on these tax credits if you live overseas
Source:
cnbc.com
- Feb 8, 2017
Americans families residing in a foreign country can take advantage of some tax planning gems this season.
Just like those living stateside, citizens abroad need to file by April 18. They get an automatic extension to June 15, but any taxes due must be paid by the April date.
While living overseas comes with extra requirements — namely, reporting your foreign accounts to the Internal Revenue Service — accountants point out that there are also opportunities for filers.
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Category: General Business
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