I am considering to start a LLC based software company. I am a US citizen, but have been living outside the States for some time now. I have been filing federal & state 1040NR forms during this time, while paying taxes to my local government. What are the most pressing tax issues to such a circumstance? As far as I understand it, I should be able to continue filing 1040NR forms and allocate the LLC proceeds as foreign income - is this correct? Thank you.
- posted
17 years ago
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