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    grailmaiden's Avatar
    grailmaiden Posts: 1, Reputation: 1
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    #1

    Oct 2, 2007, 12:43 PM
    Taxes on out-of-country income?
    I currently work for a company located in England, however, I live in the United States (and I am working from within the US). I am paid in pounds. Come tax time will I end up paying more taxes, less taxes, or does it not make a difference?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Oct 3, 2007, 11:19 AM
    You MUST declare ALL world-wide income and pay taxes on said income.

    How much tax you pay depends on your overall tax situation.
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