Ask Experts Questions for FREE Help !
Ask
    neil-e3's Avatar
    neil-e3 Posts: 16, Reputation: 1
    New Member
     
    #1

    Jul 11, 2008, 05:19 PM
    Just Tax.
    Hi ,

    As mentioned before, I am trying to move to US. I am going to c ome there on a VWP and hope to find a job.

    Can someone direct me to a link on this site I can discuss how best to get a job ? Basically working for 5 years with post grad from Australia. So will be coming there on E-3 and as such need a joboffer.

    Anyway, the question I have on this thread is this :
    I am married and living in USA - can anyone tell me how much tax I will pay ? Now I know that there is federal / state tax. Lets assume LA,New York and Boston. I want to work at either of these places.
    What will be the tax (if I am US resident for tax) and a joint tax submission at 75-80k?

    Will the take home be enough for our living expenses ?

    THanks
    d63P82's Avatar
    d63P82 Posts: 2, Reputation: 2
    New Member
     
    #2

    Jul 11, 2008, 07:16 PM
    Quote Originally Posted by neil-e3
    Hi ,

    As mentioned before, I am trying to move to US. I am going to c ome there on a VWP and hope to find a job.

    Can someone direct me to a link on this site I can discuss how best to get a job ? Basically working for 5 years with post grad from Australia. So will be coming there on E-3 and as such need a joboffer.

    Anyway, the question I have on this thread is this :
    I am married and living in USA - can anyone tell me how much tax I will pay ? Now I know that there is federal / state tax. Lets assume LA,New York and Boston. I want to work at either of these places.
    what will be the tax (if I am US resident for tax) and a joint tax submission at 75-80k?

    Will the take home be enough for our living expenses ?

    THanks
    Typically you'll pay between 28% - 32% income tax to the IRS. If you live in a state that has state tax, well I don't know because I live in Texas and we don't have state tax in Texas. Sales tax here is on the average 8.25% Good luck and kudos to you for being concerned about paying tax. At least you are willing to pay your fair share. Many immigrants who come here from various countries don't bother to pay taxes but take advantage of our programs and social services at the burden of the tax payer citizens.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #3

    Jul 11, 2008, 08:35 PM
    In the first year, you will file as nonresident or dual status. On nonresident tax return, you will report only the income in the U.S. and from the U.S. sources. So you will not get any rent loss deduction. Read Your U.S. Tax Return: Substantial Presence Test

    In the second year, you will file resident tax return and you will report world wide income.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.



View more questions Search