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niteclique
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American looking for information about Ecuador
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About me
American
Registration: 02 April 2014
My expat journey
Ecuador
USA
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niteclique replied to a thread
US Citizens and Income Taxes by mugtech
As long as you are a US Citizen the IRS expects you to report your world wide income and pay tax accordingly. If you are living on Social Security benefits and have no other income you will owe no income tax, Social Security benefits gradually ...
I'm sure you would find that the average Canadian wouldn't have to try too hard to fit into that over $2 million net worth category. In many cases one's house alone would almost put them there. Add to that, cars, bank accounts, investments, ... Read More