Okami -Okami wrote:TC, I just blame dipshit politicians. R or D, they just have no clue. It was only due to large corporate lobbying that we didn't lose the 84K overseas income deduction. Then there was the 1099 filing requirement that got canned thankfully.
I'm praying Chinatrust doesn't cancel my bank acct and Visa over this. My Visa gets cancelled over this, and I'm going all Ted Kaczynski on some politicos.
I hear ya and share your concerns. Its a grim laugh that some do reap the benefits from 'corporate lobbyists' but heck, I'll take what I can get.
For what is worth, the 'overseas deduction' used to be much much larger - around US$130,000 or so. Ahh...the memories....lol.
Happy New Year!