Quote: (02-28-2012 04:47 PM)thegmanifesto Wrote:
Quote: (02-28-2012 03:34 PM)Roosh Wrote:
I qualified this year and it saved me a ton of money. It looks like I will be staying out of the USA 11 months of every year now.
Smooth.
Can you break this down a little?
Was it an issue that you make your income in America?
My accountant still has to send me the final returns, but if your income is a result from your foreign activities (i.e. you are working while abroad) AND you live abroad 11 out of 12 months, you should be okay. But if you have a laundromat in the US but live abroad all year, you might not be able to pull the deduction off.
Roosh
http://www.rooshv.com