Hello /r/personalfinance! Ok, here's my story. My family and I (Me, my wife, and my daughter) just moved to Europe. We will be living here for about a year and I need some financial advice. I am an independent contractor so I pay SE taxes... but I will still be performing work for a US company back home while living abroad.
Q1 - Will I need to pay self-employment taxes in the US as well as the country I am living in even though I'm not technically working for a foreign company?
Q2 - For insurance purposes, I will be using my in-laws address as our home address since we don't really have a permanent residence at the moment and we are living overseas. Is this acceptable?
Q3 - Am I still required to pay for a US health insurance plan even thought we won't be using it? We are looking into local health plans for expats here in Europe that are a lot cheaper, and I don't want to have to pay for two separate plans while we are living here.
Any help on the subject would be appreciated. I'm kind of lost right now. Thanks!
Submitted November 16, 2017 at 09:22AM by AlaskaBusDriver http://ift.tt/2yPdllb
