Thanks so much for the response.
This crap is insane! I want to keep it as simple as possible.
Filing married separate in the US, as don't want a US ITIN for the wife. I keep my cap gains to a couple dollars below where I would owe tax. So no US tax, or foreign tax paid by ETF's, to claim a credit against. No need for a foreign tax credit....but useful in cases like this year where an unexpected distribution put me over the top. $300 should cover it.
I file a Thai return (too easy!) to get a refund of interest/dividend withholding. No assessable remittances = null return = no tax credits. I declare Thai interest and dividends on my 1040, with the Thai tax return as documentary evidence if audited. That's factored into the spreadsheet calculations when doing the year end cost basis increase sales taking capital gains to make $60K including dividends.
Uncle Sam is happy, yet no tax paid.
Uncle Somchai is happy, also no tax paid.
There's a certain new poster on here that IMHO should not be responded to. We all know who I'm talking about. No responses and no emojis. Persona non gratis.
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