How do taxes work at a fully remote company if I travel around?
Is having an address in one state good enough to continue to be taxed for that area? Even if I travel abroad for 3+ months? I wonder at what point the tax system changes for digital nomads.
Your tax is based on your "home" location. Yuh could have a different "work" location but main tax is "home" based
You are taxed at the rate of the entity paying you
No
@Airbnb ohdearlawd, no!
In the States, some areas require you to pay local income taxes if you're there working more than a few days. It was originally designed to hit professional athletes who play in California but live in Nevada.
Ask a CPA.
If you travel more than 25k miles a year, the IRS waives all federal taxes.
I wish!
I really gotta stop reading those Sovereign Citizen message boards.
No matter where you live or work, if you’re a US citizen, you’ll still owe federal income tax.
We got Johnny Do-Good over here...
Except for you Indians, the rest of us has to pay taxes and cover your asses too, where rest of us don't even get half of your TC because they pay you more since the dont want to be sued by being "racist"
It depends on your resident state and where you work from. You can claim the foreign earned income tax credit (something like that) if you're out of the country for enough days if the year. Then your first 100k or so per year is exempt. Check the laws
Check the resident criteria for your state