Hans99

OK, then if ATM withdrawals and credit card charges (drawn from an overseas bank) are likely to qualify as "remitted", then it would seem that pretty much everyone reading this forum needs to get into the habit of keeping their ATM withdrawal slips and credit card charge slips (since those numbers will be needed to fill out one's tax return lawfully). Are we all on the same page here?

Hello, I'm an American retiree on an Elite visa living most of each year in Thailand as of this year (2023) and plan to continue doing so. I have no financial accounts in Thailand or anywhere outside the US. The only money I bring into Thailand is by way of (a) ATM withdrawals on a US bank account and (b) usage of a credit card issued by a US bank. Do (a) and (b) count as "remitted" money? My only income is in the US (just interest and retirement plan payouts, and I pay income tax on that in the US and in my state). Will I have to file tax returns in Thailand and/or pay tax in Thailand? Do I need to keep all my ATM withdrawal slips and credit card charge slips? Also, what if my US-based bank account contains money earned previously and also current income (i.e., current-year interest and current-year retirement plan payouts)? Do I have to say "well, at the time of this-or-that ATM withdrawal, 90% of the dollars in the account were from prior to 2024, and 10% was paid in during 2024, so I'm declaring 10% of the ATM withdrawal to be 2024 taxable income remitted to Thailand"...?