If there is anyone out there who is a US citizen but based in HKG, I am interested in any helpful experiential information related to both US federal tax and state income tax (particularly in California). Here's what I surmise from research so far...
1. I will pay income tax (approx 15% on all CX pay after personal deductions)
2. I will then pay CA state income tax
3. I have to calculate US federal income tax but can take what was paid to HKG as a credit against this, and most likely will not owe anything.
Any comments are welcome. Feel free to PM me or you can e-mail to
[email protected].