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If you're a working american citizen, you most likely have to pay your taxes. And the more we know about them as adults the easier our finances become. When planning for retirement, one detail to consider is the tax treatment of your income in retirement; For many individuals, social security benefits comprise a portion of their retirement income. If a tax treaty between the united states and your country provides an exemption from, or a reduced rate of, withholding for certain items of income, you should notify the payor of the income (the withholding agent) of your foreign status t.
When planning for retirement, one detail to consider is the tax treatment of your income in retirement;
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