Comment on Insulin

• PM_ME_VINTAGE_30S@lemmy.sdf.org ⁨4⁩ ⁨hours⁩ ago

  If you don’t mind sharing, did you have to pay the exit tax? Actually, what was your way out?

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  • fossilesque@mander.xyz ⁨4⁩ ⁨hours⁩ ago

    No exit tax. Academia route, I’ve been beelining an out since I was a teenager and I qualify for EU citizenship on heritage, working on that. I would like to thank my now irl friends from thousands of hours on EU MMORPG servers for unintentionally guiding me out.

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  • frank@sopuli.xyz ⁨3⁩ ⁨hours⁩ ago

    Exit tax is only if you give up your US citizenship, which you definitely can’t do if you don’t have another citizenship and even then it’s very often not required

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• Redkid1324@lemmy.world ⁨9⁩ ⁨hours⁩ ago

  Aren’t you still paying taxes to the USA? Just curious.

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  • fossilesque@mander.xyz ⁨9⁩ ⁨hours⁩ ago

    You have to earn over something like 100k for the US to tax you.

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    • Redkid1324@lemmy.world ⁨8⁩ ⁨hours⁩ ago

      Ohhhh that’s interesting.

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  • idiomaddict@lemmy.world ⁨8⁩ ⁨hours⁩ ago

    You still have to file, but you don’t need to pay taxes unless you’re earning enough that the visa won’t be a problem.

    But, like, if you close everything out and never go back…

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    • Redkid1324@lemmy.world ⁨8⁩ ⁨hours⁩ ago

      The IRS will still find you lol

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      • idiomaddict@lemmy.world ⁨8⁩ ⁨hours⁩ ago

        But then what?

        Is a foreign government going to extradite you for missing paperwork and no outstanding tax debts (especially because everyone else thinks it’s nuts that we require nonresident citizens to file taxes)? I guess it’s possible, but it strikes me as very unlikely.

        But if you’re still financially attached to the US/likely to visit, they’ve got some power over you.

        I’m not a lawyer or an accountant (obviously. This is not best practices)

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