foreign tax credit 보관

Foreign income exchange rate guide explaining when to use transaction-date versus annual average rates for U.S. tax reporting in 2025

Should You Use the Average Exchange Rate for Foreign Income?

When converting foreign income to USD, the IRS allows average exchange rates only in limited cases. Learn when transaction-date rates are safer and how to avoid audit risk.

“책상 위에 세금 서류(TAX 폼), 볼펜, 계산기, 노트가 정돈된 모습의 따뜻한 톤 데스크 사진. 개인 소득세 크레딧 시리즈를 소개하는 표지 이미지.”

Korean

2편: 환급은 안 되지만, 세금은 크게 줄인다

Nonrefundable Tax Credits는 세금을 0까지 줄일 수 있지만 환급은 제공되지 않기 때문에, 자격요건·MAGI·Phaseout 규칙을 정확히 이해하는 것이 매우 중요합니다.

“Tax forms, passport, and stamped documents arranged on an organized desk — representing tax survival strategies for American expats.”

English

Part 1: Do You Owe U.S. Taxes Even If You Live Abroad?

Even if you live and work abroad, you are still required to file a U.S. tax return as a U.S. citizen or green card holder. This article explains the 2025 rules around worldwide income taxation, why expats must file, and what risks you face if you don’t.