Residency issues - minimizing US state taxes - Central America forum

Residency issues - minimizing US state taxes

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sfexpat Member

Member since 02 January 2020

sfexpatMember02 January 2020 23:38:42

Happy new year all!

I own an apartment in San Francisco.聽 I generally spend about 150 days a year in California and maybe 30-40 in any other state in a given year and the rest... wherever.

I'm looking at renting an apartment in St Kitts.聽 I'd be there once a month or so.

Its my understanding that (of course) I'd have to pay US Federal taxes but that I wouldn't be subject to any state taxes.

Does anyone see an issue with this premise?

thanks!

joyfulfeet_immigration Contributor

Member since 16 October 2018

joyfulfeet_immigrationContributor17 January 2020 20:21:35

105

Yes, you need to clearly define your sources of income and where you are earning them. For example, if you are an employee of a company based in the USA and you are not a tax resident of the USA, but get paid while you are abroad then you can deduct up to $105,900/year. You should do your research from the IRS on the foreign earned income exclusion and read the Form 2555.
Send me a direct message if you need any help with St. Kitts Citizenship or if you would like to consider coming to Panama.

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