How US Citizens calculate world income when they live abroad ?

handxx

Registered Users (C)
I just wonder how to calculate taxes when you work for a company that does not pay US Dollar abroad ? I am not very sure about the process could you please kindly clearify and explain what steps need to be done ?

I assume first I will fill out IRS forms and put my local income but how I will pay to IRS my taxes from abroad if I need to pay anything ?
 
I just wonder how to calculate taxes when you work for a company that does not pay US Dollar abroad ? I am not very sure about the process could you please kindly clearify and explain what steps need to be done ?

I assume first I will fill out IRS forms and put my local income but how I will pay to IRS my taxes from abroad if I need to pay anything ?

Most likely if you do not get your income in US dollars, you will use the exchange rate to calculate the equivalent amount.

Check the following link from the IRS website prepared for international tax payers. This link should have all the info you need:
http://www.irs.gov/businesses/small/international/index.html
 
Top