Working for a US Company While Living Abroad? Avoid This Costly Tax Mistake

Living overseas but still getting a paycheck from a US-based employer? You might be making a tax mistake that could cost you thousands.

In this video, we explain:

🌍 Why US citizens must report worldwide income — even when working abroad
💼 Who can (and can’t) claim the Foreign Earned Income Exclusion (FEIE)
💸 When the Foreign Tax Credit (FTC) is a better option for reducing double taxation
🧾 What happens with Social Security and Medicare taxes when you’re paid on a US W-2
🌐 How Totalization Agreements help prevent paying into two systems
⚠️ The one filing mistake that can wipe out your expat tax benefits

📌 Key takeaway: Working abroad for a US employer doesn’t exempt you from US taxes — but understanding how FEIE, FTC, and Social Security rules work together can save you money (and stress).

📘 Learn more:
👉 https://www.greenbacktaxservices.com/...

💬 Have questions about your situation? Comment below or reach out to Greenback’s team of expat tax experts for guidance.

🔷 Website: https://www.greenbacktaxservices.com/
🔷 Check out our Transparent Flat-fee Pricing: https://www.greenbacktaxservices.com/...

Disclaimer: This video is for informational purposes only and does not constitute tax, legal, or accounting advice. The information provided may not apply to your specific situation, and tax laws and regulations change frequently. For advice specific to your circumstances, please consult with a qualified tax professional.