The difference between the standard deduction vs. itemized deductions comes down to simple math. The standard deduction lowers your income by one fixed amount. On the other hand, itemized deductions are made up of a list of eligible expenses. You can claim whichever deduction reduces your tax bi...
Learn what foreign tax credit you should be aware of if you're a U.S. citizen living abroad and how to report foreign income with Form 1116.
If you have worked and paid super whilst on a temporary visa, you can apply to have this super paid back to you after you leave as a Departing Australia Superannuation Payment (DASP).While working in Australia you will have paid both income tax and superannuation on your earnings. If you ...
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