From: Laurent Piguet < >
Date: Wed, 02 May 2001 08:58:13 +0200
X-Mailer: Mozilla 4.5 [en] (Win98; U)

Actually, there is one more twist: you can only apply for the deduction
(in order not to be double-taxed) once you satisfy a few conditions. One
of them is the "12 months" test (or something like this): basically, you
need to have been living abroad for at least 12 months before you can
get the deduction. (for all the details, there is a specific IRS
publication on this)

In our case, we had to file for an extension first, and the actual tax
return claiming the deduction once the year was past.

Another thing you can do: talk to an accountant who knows both the US
and Swiss systems. I know such a guy in Geneva. Let me know if you want
his contact info.

Laurent

Ursula Chavez wrote:
>
> I left the US with the extended green card in 1991
> (valid 18 months) and stayed in Switzerland until
> 1996. You have to travel back to the US at least once
> per year. And as more and more years past the INS
> inspectors took a closer look at the passport. They
> noted every time how long I had been out of the
> country. Regarding taxes, as a green card holder you
> must file a US tax return. You can deduct a specific
> amount which should get your income back to 0. Check
> the tax code for the amount.
> http://ftp.fedworld.gov/pub/irs-pdf.
> Good luck
> Ursula
>
> --- Nicole <nicole_at_headwire.com> wrote:
> > There is a special contract between the US and
> > Switzerland to avoid double taxing. You do not have
> > to be
> > worried about paying taxes in Switzerland AND in the
> > US. You will have to pay tax in the US if you stay a
> > minimum of 180 days (I think) in the US, but you can
> > deduct taxes which you pay in Switzerland.
> >
> > Nicole

--
Laurent Piguet                                    laurent.piguet_at_epfl.ch
Coaching Team                                 Mobile: +41 (0)79 310-3249
PSE Parc Scientifique                          Phone: +41 (0)21 693-3023
CH - 1015 Lausanne                               Fax: +41 (0)21 693-4675
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