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I am a US citizen who spent all of 2008 abroad, what is my tax obligation?

I am a grad student and spent the entire year in Turkey. I took on a management consulting job that payed 'under the table' and I am wondering what my obligation is to the IRS (the position didn't pay well, just enough to keep me afloat). Thanks for your advice, I am having a time trying to solve this puzzle. I am sure your answer will be of great help to others in my position.

Asked By: turkeyteacher2007 - 1/6/2009
Best Answer - Chosen by Asker
Congratulations, you have self-employment income. As a US citizen, you are taxed on worldwide income. See IRS publication 54... More
Answered By: v b - 1/6/2009
Additional Answers (1)
All income earned, foreign or domestic, legal or illegal, above board or under the table is taxable. If your are "in" a foreign country for 330 of any 365 day period, yoiu may apply for an exclusion. Some accountants may tell you that you do not owe Self Employment Tax...ie, if you were an employee, not an... More
Answered By: Jeffrey H - 1/6/2009
 
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