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To: Brilliant

Taxes on World Wide Income

U.S. Permanent Residents (green card holders) as well as U.S. Citizens must report each year their income earned anywhere in the world. That means your U.S. income tax return must include:

Foreign dividends

Rental Income Earned Abroad

Foreign pension income

Foreign capital gains or losses on stocks, bonds, real estate

Foreign royalties

All other foreign income

http://www.taxmeless.com/page4.html


13 posted on 02/10/2008 9:40:09 AM PST by crazyshrink (Being uninformed is one thing, choosing ignorance is just plain liberal..)
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To: crazyshrink

Yeah, but if you file a tax return, you know that all it does is list the amount you rec’d in that year. What good is that info?


14 posted on 02/10/2008 10:21:36 AM PST by Brilliant
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