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Version actuelle datée du 31 octobre 2024 à 23:09
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Julie's total exclusion is $94,079. For my child American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxes.
There a great interlink in between the debt settlement option for your consumers and the income tax that the creditors pay to the govt. Well, are you wondering about the creditors' income tax? That is normal. The creditors are profit making organizations and also so they make profit in form of the interest that sum from you can. This profit that they make is actually the income for the creditors so that they need to cover taxes for their income. Now when unsecured debt settlement happens, the income tax how the creditors must pay to brand new goes somewhere down! Wondering why?
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