BKKKevin

14 years!… Kudos for the crack detective work!…

Without EV tariffs Tesla would be worth about as much as X…

Curious?… If I were to have an expensive medical procedure of say 300k+ baht and decided to charge that on my home country credit card so I could get 3% cash back and pay in installments would that be evasion of accessible income tax?…

I have not informed my brokerage and bank accounts of my foreign address… All still use my forwarding address where I also have a drivers license and pay taxes… Only changed the SSA address…

You could own a US residence but the address on file with the SSA must be a foreign address… https://www.ssa.gov/forms/ssa-1199.html

This is the way I just did the IDD transfer to my Thai Bank account… It was simple and took little time… Some specifics to note: You must have your Thai address on file with the SSA before submitting the SSA1099 form - I just logged in to my online SSA account and updated it there. I just mailed the SSA1099 form via ThaiPost (With tracking) SSA will send you a confirmation letter of address change to your Thai address and tell you when to expect your first transfer Your monthly payment date will change to the 3rd - Mine shows up on the fourth as a BahtNet transfer You will be required to complied Form 7162 annually (They will mail this to you at your Thai address in the spring of each year)… If they don’t receive the form they will suspend payments until it’s received so keep your address current with them If you have a Medicare advantage plan they may inform your insurance carrier. Some have reported that their bank will not complete their portion of the SSA1099 - ask them to give you a proof of account letter or make a copy of bank book showing your name and account number and make a note that your bank would not complete a form not generated by them

Another method of reducing your accessible income is to pay your rent via transfer from your Wise account… 😉

I was thinking more of a Mia Noi being deductible... 😉

So I now seem to have a clear understanding of savings & domicile… Can we now discuss what the meaning of wife is?… and is their a limit on the number of minor wives for deduction?… Can one prorate for short time arrangements?

I’m sure any minor wife has learned this on her own…

How many of you have told your wives they are allowed 20 million a year in gifts tax free?.. 😂

She is doing Martin Luther King proud!…

The Afghan failure started with George W Bush…

Don’t underestimate the political power of the Thai elite who have used this tax rule to the limit for years…

Yes, 20 million for married spouse... But I'm not married to my Thai partner so 10 million... What other tax free transfer options have I underestimated?

Also I think your spouse would have to reside in the US to receive benefits… https://creativeplanning.com/international/insights/financial-planning/foreign-spouse-social-security/

I have applied to the SSA to have my social security direct deposited to my Bangkok Bank account thru the IID system… This gives me a clean easily provable stream of incoming cash that I can say is not taxable due to treaty obligations… Then it’s my understanding that one get a 60k personal deduction, a 190k 65yo+ deduction and the first 150k has a tax rate of zero… That’s 410,000 I can transfer from my personal US account with no tax due… Anything above that I plan on transferring to my Thai partners bank account as Thai tax law allows for a lifetime 10 million baht gift tax exemption… As to whether I will be required to file a tax return here… I don’t see this happening any time soon… NO Thai government entity is capable of administering the setup of a tax ID and processing a tax return for several hundred thousand expats from 50 different countries… Just look at how well the administrate the online 90 day reporting…

The link just leads to a request for you phone number so a sales person can call you…

Truth Bomb!... Your about to be treated to another lame Thumper conspiracy theory thread...

Why is it every time I go into Global House there is half a dozen smiling staff trying to sell me a toaster at the entrance and when I’m trying to find something in the plumbing aisle and make eye contact with a staffer they disappear?…

Please as the armchair internet expert you seem to be... Tell us of the 400,000 dead solgers in Arlington who are the competently killed and who are the incompetently killed ones?... They all served their county and deserve to be honored and not be made a backdrop for a sleazy political ad...

Fact… During Trump’s presidency, which ran from January 20, 2017, to January 20, 2021, there were 45 combat deaths among U.S. service members reported in Afghanistan… Those should have been the graves he should have visited…

So you want an Arlington Cemetery Honor Guard to provide video evidence of his/her statements?… Nice… We can see where your loyalties lie…

Surprised he didn't hand out discounted NFT cards

News flash!.... Joe Biden is not running for President... #FoxNewsBubble