When filling out tax forms for your employer, what number do you claim to have more taxes withheld?
If you have more tax withhelf, you get a refund during income tax season. If you get more money on your paycheck you end up paying taxes. I don’t want that to happen to me so on my VA tax forms, what do I claim?
July 5, 2010 3 Comments
How can I compare my current tax exempt salary and benefits to job offers back in the States?
I am trying to find out a way to compare my current NET income to what I could potentially NET back home. All of the salary comparison websites do not accurately calculate my tax exemption status and cost of living (lower) here in Germany.
My guess is that I’ll need to almost double my salary as I’m not paying most taxes here in Germany. Here’s some more info about my situation.
1. Income tax exemption – I don’t pay US or German income taxes. I’m exempt from both. I’m not paying US state income taxes either. This probably saves me at least 30% every year.
January 18, 2010 2 Comments