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    pferd's Avatar
    pferd Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 9, 2009, 11:36 AM
    How not to pay US taxes of a no tax foreign income
    I'm a danish zitizen married to an american wife.
    I have a danish address.
    I'm hired by a danish shipping company A.P. Moller Maersk.
    My salaray goes to a danish bank
    I'm a marine engineer hired under the so called danish DIS agreement - tax free income.
    My tax free income is $54.000 a year.

    I'm a legal immigrant.
    My wife and I have an american address.

    I was told; that as long as I can prove that I pay taxes in the country the pay check comes from; I don't have to pay taxes.
    The problem is that I don't pay taxes according to the danish DIS agreement between the shipping companies and government. No difference in me being in the states or in Denmark.

    Is there anyway I can avoid paying US taxes of my foreign income of $54.000?

    John
    IntlTax's Avatar
    IntlTax Posts: 831, Reputation: 23
    Tax Expert
     
    #2

    Mar 11, 2009, 07:02 AM

    As a U.S. resident, you are taxed in the U.S. on your worldwide income. You need to include this income on your U.S. tax return even though the money is paid to a Danish bank account and is tax free from a Danish perspective. You should also fill out Form TD F 90-22.1 and include the interest income from the Danish account on your U.S. tax return.

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