Hey, all. I'm curious if anyone got any info on FEIE + staying in Spain on a Non-lucrative visa? Do they work together? Seems like they should, as I'm a resident there.

FEIE is very simple

Sure. But keep in mind that to qualify for feie with residency you have to be a resident as of the first of the year.

Ah, one of the keys would be "paying taxes in Spain"...

no. FEIE has nothing to do with paying taxes somewhere else. it only depends on your location and how long you're there.

FEIE language was saying that "you were not a tax-nonresident of that country". But in Spain you would be, so it's fine.

without context, i can't comment

no, just physical presence is sufficient

if you want a more in depth explanation you need to link to where you got that or post the whole text.

for instance, www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion-can-i-claim-the-exclusion-or-deduction p.2

spains requirements have 0 to do with the FEIE

also, another one en.wikipedia.org/wiki/Foreign_earned_income_exclusion

because you don't have to have a tax home in a specific country as long as it's NOT in the US

> because you don't have to have a tax home in a specific country as long as it's NOT in the US

yeah, that's common sense to me

but there are two ways to qualify. not just residence.

I'm familiar with both, yes. I was just misled by the "paying taxes somewhere" question

which isn't a requirement.

Do you think for bona-fide residency test that is not a requirement?

it's not a requirement for FEIE

it might be for qualifing for FEIE using that method. it is NOT required for FEIE in general

Ok, then yeah, it might stop being an option for qualifying then. makes sense

if you don't want to pay taxes, don't establish residency. easy as

I was under impression non-lucrative visa conditions are similar to Portugal's 10yr break

i know 0 about the visa conditions. but i do know then have nothing to do with FEIE.

Yeah, makes sense. Different even stream.

the only non-US residency thing that matters here is that if you can show you are a legal resident of a non-US country for a full tax year, you will be 'grandfathered' into the FEIE and can then spend as many days in the states as you want and still get the FEIE. shysylhpe can probably explain the whole thing much better than I can

Well, legal resident and tax resident sound different to me. I could legally reside in some countries for a year, but not be a tax resident, as I wouldn't reside there. Or vise versa too.

most places if you live there 180 days you're technically a tax residenmt

Yeah, tax residence matter completely makes sense to me.

true, and i think I should let the expert weigh in before I mislead you, but i will say that I go by either "residency". once a resident, you are generally obligated to pay taxes in a country and therefore should qualify

> I mislead you, but i will say that I go by either "residency". once a resident, you are generally obligated to pay taxes in a country and therefore should qualify

Unless you live outside for more then 183 days

But in those cases many times they no longer consider you a resident.

right exactly

You guys are pretty on the money here, although I always stress looking at individual situations rather than generalizing. Every country is different in their visas, residency, and taxation, but for the US, the FEIE is qualified for in one of two ways Phyical presence (being out of the US for 330/365 consecutive days) or bona fide resident, which does require a full _calendar_ year as a resident of another country. We've used both before with clients (i.e., moved in August, was a resident for next three years, use PPT for 4 months of y1 and then BFR for y2-3, etc). qsvionfvhvwcg is correct in the the BFR removes the restiction on number of days you can visit the US

It's pretty rare that you can have your cake and eat it to by having residency without being required to live or pay taxes there.

The setups in places like Puerto Rico and Estonia seem to be becoming popular, though this dog is too old to learn those new tricks. Just whispers I hear in the community. I'm sure someone is here is more familiar than I am

Estonia is e residency. Not physical residency. Not sure about PR but believe it requires living there.

yeah, e residency is just a way to open estonian company that's about it

too. jeez

Puerto Rico sounds like the ideal tax evasion destination 😂 kdqmsoswz might have more to share, he used to live there. I have Estonian E-residency, but I really only used it for a bank account I didn't need. No other benefits imo 🤷‍♂️

Yeah. Estonia doesn't do much with the e-residency. Besides ability to open a company and operate remotely.

No, not for business, sorry

PR is the only true legal tax haven in the world for US citizens who make a lot of money on capital gains or service-based income.

sadly they make you actually live there 😉

But you have to make a lot of money for it to be worth living there 6 months a year.

not that PR isn't a nice place, but i like movement haha

Like, at least $1M+ per year. I'd venture more than that from having lived there for 2 years.

I have a few friends who have transitioned to PR. It's really the only way I would feel comfortable legally avoiding US taxes

It's really not worth it

Ultimately you can't avoid taxes legally anywhere as a US citizen

ooiwtnvopiwk do you include using the FEIE?

US is one of the few countries that taxes its citizens on all worldwide income, but the FEIE and FTC are in place to help with that

It's a gray area I wouldn't be comfortable with, since technically it requires that you have tax residency elsewhere.

no, it does not

It requires a tax home somewhere else

but tax home and tax residency are not the same thing.

Mitigating taxes is one thing, but avoiding them entirely is not legally possible

and your tax home changes with you when you move around.

jtmjvedynzqtjq depends on your situation, but that's the idea

if you're over the limit then how you set things up matters.

So you have to set up tax residency in somewhere like Dubai or Singapore?

you don't have to set up tax residency anywhere.

That conflicts with what I've been told from a few other sources

i think you're confusing tax home and tax residency.

Would one pay taxes _some_where?

nope

From reading the FEIE documents, it looks like you have to be under the jurisdiction of an area with a tax treaty with the US

As digital nomads, we're kinda expoliting a loophole ATM. The FEIE and FTC were set up for traditional expats, who set up "residency" in other countries. We travel on tourist visa and are usually not subject to taxes in the places we go, but still qualify (in most cases) under the rules as they are written

no. i'd suggest setting up an appt with someone who specializes in this and discussing it because based on what you're writing i think you're working under some misinformation or misinterpretation.

It's a loophole that I wouldn't be comfortable skirting, because it seems like it's ripe for an audit

Hi. I specialize. Happy to chat it out if you want to shoot me a DM

You don't have to credit the taxes paid in a foreign country against your federal taxes?

I think FEIE is so simple it challenges people's expectations of the US tax code

Yes, and there is a Foreign Tax Credit provision for that

You still have to pay Medicare/SS correct?

Yes, the only way out of this is to contribute to another country's social welfare system

Which would mean you'd also have to pay income tax there?

Yes. That's more for cases of true expats. Move to Japan, work there, get taxed there, pay social welfare there

If you make less than $200k, FEIE is fantastic. If you make more than $1M, PR is fantastic.

If you make more than $1M, everywhere except Monte Carlo is fantastic

PR is the only place in the world you can legally have 0 tax on your capital gains income as a US citizen.

I was being flippant

But . . . 6 months a hear.

Yeah PR seems like the perfect retirement destination, otherwise your capital gains taxes will eat you alive retiring overseas.

FEIE only covers _earned income_ so no

We have a few clients who do the whole PR thing, you gotta actually be there for a big portion of the year, no thanks.

well, now i know where to live if i make $1mm. now to find a job that pays me that

Not a job . . .

I'm going to PR in few years, to convert all my tax event accounts. 4% flat income tax, but you have to give up voting rights.

and here i am planning to limit my retirement income so i am below the level where i have to pay cap gains and divi taxes. 😂 would rather have the $1MM problem. 😄

Any of the US-based nomads here know a good tax consultant? Noobie nomad, just landed in Thailand after convincing my US-based firm to let me work remotely. Currently still W2 but I can switch to contractor if greater tax savings. Planning on using FEIE but want to discuss all options (register LLC/tax write-offs relative to FICA charges). Happy to pay for this consultation, just weary of going with someone random online.

PM'd

iqqghe post your tax guy

I already messaged it!

aailvw would you mind sending to me as well please?

xgrpem me three

I also do tax advisory for digital nomads if anyone is looking/wants a second opinion :nerd_face:
#shamelessselfplug

qwcynxdue FYI, that kind of stuff gets you in trouble around here. don't be shocked if your posts is nuked and you get a naughty message.

not that kind of naughty, though

with a nick like that it's more difficult though 😄

Thanks for letting me know! Def don't want to get in trouble, was just putting it out there as a response to ehoqpahcokmiv post

Makes sense. But what's would be any other point of getting PR in Europe besides FEIE.. idk

Since PR in this case is Puerto Rico, you can't get PR in Europe...

lol. in this thread I was reading PR as Permanent Residence

Yeah I was responding to a post about Puerto Rico. :)

I will change my name to my company's url

If it makes any difference, she's a great accountant... 🤷‍♂️

😆

Thanks xcqlkqplkbsjbn />
To be fair, my Slack handle in all my other Slacks is also octvis but that wasn't available to me here

We should just have a pinned list of recommend accountants. It seems silly that new people have to keep pinging CookieMonster and others for this list

Agreed

Looking for some advice on configuring Gusto for FEIE

Many of us are taking FEIE, yes, and I leave my accountant to sort it all out

I don't know anyone who qualifies for the housing deduction

I technically do, but I have never used it.

mzrrvijeocq on a w-4 form, there's a section (7) for those of us who expect to be exempt from federal taxes. Not sure how this translates into Gusto setup, but maybe they have something similar?

I got it working! I made a special tax exemption for FUTA & Texas Unemployment, then marked Federal Tax as "Do not withhold"

What mail services or address are y'all using when taking FEIE?

Pretty much anything that isn't located in California.

why would a specific mail service make a difference for FEIE?

afaik, states with income tax vs states without. and maybe states with the highest income tax?

my point was more that getting a virtual mailbox in a state doesn't legally make you a tax resident of that state, but on top of that most services charge to have a non-PO box address and when you do that you (at least with mine) can pick from a list of states/cities

bvsxtynq someone in this group had a virtual mailbox in CA and never lived there and CA when after them for taxes. it took a lot of money and a couple years to get it straightened out. why take the risk if you can just pick another state.

which do you use

If you lived in CA, you will need to officially establish residency in your target state. The franchise tax board is efficient in chasing taxes

I used escapees because they gave me a legal physical address in Florida that works for residency and banking.

octjntzdnb do you know if it's officially a "residential" address?

It's an address in an RV park

heh

you basically get an RV park lease.

neat

I flew down to Florida, got a Florida DL in a day.

that's awesome

I should suggest that to my mailbox service... That they technically make the postbox also a physical lease of some legal sorts

zhribmniho Be cautious about being lulled into the idea that you're a Florida resident in the view of your original state (they probably get to decide). Driver's license/voter registration obtained in one day may be insufficient to establish residency per your old state (if they feel a fondness for your tax money). If you're not filing tax returns in your old state they can audit you for a LONG time in the future.

Yes. I'm from Arizona, don't think they are that bad. And I have solid proof I don't live there. Sold my house there, don't work for a company there

I have no idea about Arizona but, for many states, not living there is insufficient. Living elsewhere is also an element.

Many states require that you demonstrate residency, i.e. bank statements, insurance statements, utility bills with the "new" residency address before they will agree that you are no longer subject to their state tax levies.

Won't they question your salary then? Especially if it's a remote-friendly corp, they know what's up

There's are an interesting news story I was reading about new mexico going after some RVers for back taxes. It goes point by point demonstrating how all of their "we moved to Nevada!11" excuses were obvious BS.

Does anyone have any experience dealing with GILTI, Subpart F and countries with deferred taxation system?

I agree with the comments here about establishing new domicile and states chasing you for taxes. In my personal case, I sold my Arizona primary residence, car, and left the state/country without any remaining ties there except a rental property which has been rented to a tenant for the last 5 years. I think they would have a hard time making any kind of case that I'm still tied to that state. The New Mexico case in the article seems quite a bit different, as they really were in New Mexico a lot, to the point I would probably side with New Mexico on that one. I have no plans to return to Arizona at all. I'll still be filing a tax return in 2020 as a part year resident, because I was in AZ until April, then we left on the nomad adventure.

reminder that estimated taxes are due on the 15th yall 💵

Actually it's the 16th this year, but yes

saw you typing and was like "shit i'm about to be corrected"

Lol

Also, S Corp and Partnership extension are due!!

hm, website still says the 15th though? www.irs.gov/faqs/estimated-tax/individuals/individuals-2

It depends on the level of tax liaiblity... the more you owe, the more they care... but usually as long as you are paid in 90% by 1/15, they don't bother you too much

ah, makes sense

From the 2019 1040ES instructions

Are you not signed up for Mark's reminders wzmxtgrl

hm, i guess not

oh, i need to turn off my auto pay. good reminder

ah shit, my 2018 extension is coming up

S Corps and partnerships (iwth 12/31 year ends). Personals are due 10/15

Hello all.

haha that gif was great, did it get bot deleted?

Was wondering if anyone had experience setting up an LLC or SCorp for an ecommerce store. I'm Californian but ideally would like to reduce my tax burden by getting the struture set up.

Yes.. I am heatbroken.... apparently I'm too new to post gifs

Yeah, I wonder if I should just change my residency to a different state that's a swing state. So my vote can matter more as well.

CA is a hard state to break residency from, but if you can swing it, esp to a no income tax state or a state that recognizes the FEIE, I always recommend it.

Also, if you're nomadic and your business isn't primarily conducted in CA, you can look into setting up the biz in another stateusing a registered agent

Yeah, I'm currently in Mexico City

fyeuprsldnvvlj why not anything in California?

Read the discussion after this post.

fhxlbwwdhfvxlt never mind my last question. I just saw this one. I'm not surprised. I've had a virtual mailbox in Cali since 2015. Sold a property in Wisconsin in 2017 and a few weeks ago I got a letter from Cali asking where the tax return was. I called and got it wrapped up in less than 10 minutes. In my case it was easy for them to look up the property records. For income taxes, yeah, I can imagine. Not so easy. I use a different address for the IRS.

Will living in Puerto Rico exclude meeting the requirements for US FEIE? I'm reading different things.

FEIE (by the physical presence test) requires you to be in a foreign country

Thanks! Maybe outdated blogs

The 35 days seems so difficult to do right now

"don't go home often and you get paid $15k more" <- makes it feel really easy to me

wvuboegdrnzvcc What about setting up a company in Mexico City and hiring yourself for a 2yr+ contract to apply for Safe Harbor? Maybe vrdocktvm have done this before?

Just opened a chase sapphire reserve card using that address, actually gave them the texas address which is the mailing address.

exactly. i have 0 problems being out of the US that long. lol

I have 3 states to visit friends/family so takes up quite a bit of time to get around. That's great you all don't see to find it difficult, but it's different for everyone :)

Maybe I haven't been nomadding long enough (about 3 years), but I have almost zero desire to go home other than to see my niece and nephew and play with my brothers dog. My feelings about the US as a great place to live have dropped precipitously since I started traveling

my new plan is to pay to fly someone to visit me every year to cut down on one trip home

Has anyone here used www.taxesforexpats.com/? I'm getting ready to move abroad in a few weeks and trying to find someone to help me plan tax strategy

lzxnblbnsnbaaufglgpyyxy a lot of us are fans of www.wayfareaccounting.com/ You can peep in USA channel and we just had a convo about it

Thanks tqkmcjhossvzei I just read through your convo. I'll try to set up a call with Mark

I literally just got off a call with him as well. Tell him i sent you !! ❤️ jejej.

Haha for sure! How was your chat?

true. my family is spread out over 3 states with friends in 3 others. the joys of having lived in 9 states and DC. :) I just see who it makes sense to see when I'm back.

Was good. Figuring out all of my life logistics all at once. jajaj

xtimafis That's a solid plan. I never considered it

fplkjrux that's another good way to do things too! I am hoping I can recruit most to come visit me and maybe sweetening the pot with help to off-set the cost will help.

my brokest friend seemed offended when i offered, which was a bummer.. but my mom/sister were stoked about it and it was great getting to hang out with them in a different country

wsacqxtcezlspz thanks for this resource. Coincidentally I scheduled a call with another firm yesterday. Will keep this one in my back pocket.

yep, they mailed the credit card to the my texas address, that fowarded on to my brothers house. He opened it up, gave me the numbers off it and I added it to Apple pay and charged stuff at the grocery store in Bulgaria today :)

To my understanding, if the "bank" has a branch in US then no reporting is required. Not to mention, transferwise is technically not a bank

Such as?

what do you mean by typical patterns?

Such as "Get paid as W2, expense some to an offshore company"

:)
Hello
#creeper

lol

waves back to the fellow creeper. 😉

is *shy* for a sec, but back to topic

To answer your q, not that I've seen, but most of my clients aren't getting that detailed

i think that if you are a w2 there would likely be few options.

As a W2, you do get to avoid SE tax and if you qualify, exlcude the first ~$106k from federal taxes

Right, but if I live in Spain, I would still pay personal income tax

Are you talking about being a resident of another country?

Yes.

Ah, yeah... my knowledge is exhausted.

And If I get 1099 work, it seems to work well with subcontracting a corporation

nkmeqpsvvvs I'm sure the taxing authority in Spain has publications to explain what's deductible in their system. With respect to your US deductions see - www.irs.gov/publications/p529

Countries share info 😎

It was more of a kidding, but from FATCA prospective, it only works one way, from EU to US, but not the other way

Hoping one of the experts here can help, or point me to the right person. I work for a Boston startup, but I am not on a W2, they have me as a partner, so the pay is on a K-1. The CPA I talked to said there might be a problem with the FEIE since the income is earned in the USA in the LLC, and then divided between partners, and it doesn't matter I am out of the country.

Anyone else deal with the FEIE, and having K-1 income in the USA?

At least for my situation (s-corp) K-1 income does not count as earned income for FEIE

this is my understanding as well

If I can get them to pay me as a W2 employee, that should resolve this?

pppfrzqtcmtytfyss unfortunately your CPA s right, it is only for earned income
But lowpjslaih situation is diff, bc his is earned

cool, since his isn't an s-corp?

He's an active partner in his business

Would it apply for me since I'm a 1 person s-corp and by definition am quite active? Or since I elected to do it as an s-corp I'm fucked (I don't have an accountant in the US, my stupid ass did it all on my own lol)

nasdftxgeavkpjxxh if you are a sole member and actively participating, it is eligible for FEIE

I was hired as an employee, but paid on a K1.

A share of profits?

fkvluqznw paid an agreed salary, and also was given some stock shares, it just isn't W2, and they don't withhold any taxes or social security.

If the work was performed abroad, it should qualify for FEIE

Laconia.

vcrpsqbfp If I'm a freelance writer working for US clients, but sitting in Europe (Nov-Dec), do I have to do anything different to pay my 2019 US taxes? Should I use FEIE?

if you qualify for feie (you just mentioned being out of the US for two months so not sure if you do) you probably benefit by claiming, but if you're trying to figure out the nuance of if it benefits your personal financial situation you're probably gonna need to pay someone to get that level of advice

I'd you're only out 2 months you don't qualify so nothing is different. If you plan to stay out, you can prorate those two months but you'd have to file an amended return once you reach your 330 days out.

hmpckuergodacc />@U03NCNN43 and rfplmgghuhamji are both right. That little time outside the US doesn't qualify you for FEIE.

Ok, thanks.

okay something just occurred to me i know a bunch of people in my industry who live in puerto rico for tax reassons, but if i go visit them there does that count towards my time in the US for FEIE reasons?

AFAIK, no. Puerto Rico counts as USA days. Someone correct me though

puerto rico is part of the US, so does not count

Can confirm

so, doesnt count? sounds like a good deal

But I believe you have no tax liability while you're there I believe. That's why the live there

Puerto Rico is one of the only legal ways an American can avoid federal income tax.

But you have to spend 6 months a year there

They have beaches…

that 6 months a year gets you a complete zero tax bill though, right?

well now there's another legal way to avoid American taxes 😀 (at least for 3months)
www.coworkaholic.com/serbia-tax-incentive-for-digital-nomads/

nothing in that article implies it would be though

actually, we DO have residency-based taxes, they are just very specific

given that it's not legal for any of us to work in basically any of the countries we're bouncing around from i don't think any of us are worried about that side of the coin 😂

trust me, many are. i've had plenty of discussions with other DNs about how they really want to find a place where the law very specifically allows for working there temporarily without business visa/tax implications. Personally, I'm with you, i don't worry too much, but I love that there are countries out there who are starting to think about how they can make it truly legal for us

if that's true we hang with very different nomads haha

even on this slack I've had that discussion

i'd take tax hits on that even, if i could easily stay x country for a year

heck, that's a basis for the PR talk

i thought the basis was to get out of US taxes

it is, and they specifically want to do it fully legally i believe

I don't following this PR theory www.irs.gov/taxtopics/tc901

Filing taxes isn't the same as paying them though.

Not that we have anything to do with it kvbdtfnmcxgdz but when governments start understanding DN tax - we lose. Our grey area turns black/white. Seems like we don't want that. The rationale of the FEIE is that we're likely paying tax elsewhere even though we're really not. Recognizing our existence will likely result in greater tax on itinerant workers. zrsarrot I'm with you on PR tax thing. I've always hear that it's good for PR workers and those with capital gains. Not special for typical DN but maybe I'm missing something.

gqmjfycldw that's a good point, possibly could push the US to change the law. I assume they know exactly what we're doing already and it's just not a big enough deal to bother with. Too many more acknowledgements from other countries could make them revisit it

Only way I know of to not pay USA tax is to renounce your citizenship. Might be a good idea to establish citizenship somewhere else first :)

Is there a reason that Isle of Man is not as popular a place to incorporate as a American digital nomad as Belize and Seychelles are?

bgibtxb I'm guessing Isle of Man costs more for formation and maintenance. But I've never checked. There is no requirement in those jurisdictions you mentioned to visit in person for setup.

Yes, sticking with US banks is easy and cheap. Using foreign banks becomes expensive and is unnecessary in my limited experience.

it was the "New Manx Vehicle"/2006 Act structure I was looking at, which would seem to be 360 gbp/yr to maintain with no reporting requirements

hqomshi My experience is limited but I had no issues setting up a US account via Transferwise. I was going to use Chase and assumed I'd need to use a subsidiary US entity but didn't bother since TW worked out.

I do wonder about things like brokerage, though. Like to keep undistributed funds in a CMA w/ a brokerage. If Isle of Man company would make that significantly easier it would quickly make up the difference in cost I think 🤔

Or maybe just move the funds back and forth to personal since there is no tax distinction generally.

I don't know if that is true - that you couldn't just keep funds indefinitely/undistributed in the company and it's brokerages, which would prob be ideal

Changed in 2017.

ugh, this is the CFC thing?

Was part of the trump tax bill.

A lot of things have happened in the past couple years to change up US tax laws, some for the better and some worse. Since the Tax Cuts and Jobs Act, we now qualify for the QBI 20% reduction (since I make under $315k). So technically my wife and I are in the weird middle ground where we now save more on our tax burden via traditionally structuring as an LLC and living in the US than if we lived outside the US and claimed FEIE (because of "earned income" requirements etc)

I am going to check with my accountant (who specializes in expat things) about this to try and get an (at least somewhat) authoritative answer. I fear everybody is right 😬

xjnizdp Can you share the name of your accountant? Actually, if anyone has people to recommend, I'd appreciate it. Thanks

I do accounting things

vworwripv it is Mark Dissen/Wayfare Accounting

Thanks. I'll get to this early 2020.

Hello everyone, is there any start up working on insurance or mortageg domain? If so please let me know would like to connect thank you :)

npwmxfwyydmjg your message seems off-topic. Did you post it in the right place?

Doesn't make sense to pay NYC taxes

Just got an email from my HR "As the end of the year approaches, please confirm for us that you will be filing your US taxes with New Jersey as your home state." I worked this whole year remotely from overseas. Should I still file with NJ as home state? any idea?

I “moved” to Florida before leaving the USA to avoid this problem.

thankfully since I was in TX before I left I had no need to bother with that

jpevjkyn this would be a question for a tax professional for sure as state tax eligibility depends on a list of conditions, but typically unless you can prove to NJ that you legally reside elsewhere they will expect a tax return for you. you should definitely look into relocating that home state as NJ is the one of the states that doesn't honor FEIE so even if you claim that federally you'll owe NJ on all of your income.

As of now, I don't have legal residence anywhere else. Looks like I have to pay NJ taxes but I will check with tax professional. Thanks

rfgklxsn This is actually an area that we've been doing some research into. yqqtzyci is right about looking at eligibility requirements, and also consider your situation (are you nomad, slowmad, contractor, employee, etc). You could also qualify to file as a nonresident or part year (depending on US travel).

NJ is also one of a few states that has a telecommuter tax, so you may be subject to tax depsite residency.

Happy to chat further about your sitch specifics if you'd like. Feel free to DM me

I never paid state taxes when I lived abroad. There was one year that I only lived in the state for the first three months, so I filed a partial residency return on just the income I made during those three months. NJ may be different with telecommuting laws.

yeah, it varies on a state-by-state basis

And case by case. It's not always advantageous to be considered transient

South Dakota has special status for transient/nomads. AFAIK the only state that acknowledges a nomadic life as policy. Zero state income tax. Biggest downsides You need to visit every 5 years to renew your license (possibly avoidable), health insurance is non-existent or expensive

ywrepflzyzpjag if you live in a 0% income tax state it’s the same effect right?

Posting this here since it's all US folks - anybody have any experience with the free, reimbursable ATM card deal from >https://www.sofi.com/> ? The only thing I've heard that's not positive is that they have fewer customer service hours than Schwab if there's a problem. Otherwise I've heard they instantly return ATM fees (instead of end of the month like Schwab) and that they use the same exchange rate as Schwab. They also pay higher rates on cash. Anybody know anything negative/positive/otherwise?

IMO chasing higher interest rates is a great way to end up with a shite bank

A friend of mine worked for them and found the company culture quite good.

I've heard good things about them.

Well I decided to go ahead and get the ATM card but got this reply - "Thank you for applying for a SoFi Money account with SoFi Securities LLC. Under federal law, we are required to verify certain information about the identity of new account holders before opening new SoFi Money accounts. In reviewing your information, we were unable to confirm certain required information and are therefore unable to open a SoFi Money account for you at this time. We sincerely apologize for the inconvenience and we hope to be able to help in the future."

I'm guessing it's an address verification issue, or the fact that I'm on a Chile IP address, or maybe something else - beats me. I'm probably not sufficiently motivated to push it harder for now but I'd love another free card so who knows.

I just signed up - no issues. I'll keep you posted.

Great hshjfejwjgqewnf ! Can you just send me your card and PIN and I'll use that one? simple_smile

For you U02T6G2G0? I’ll just post it right here.

I tried to sign up for N26 the other day and received a message saying that I need to call a number

Keep in mind that this is the trial level federal court. >https://www.reuters.com/article/us-usa-immigration-privacy-idUSKBN1XM2O2>

I haven’t read the opinion, yet - but is that for US citizens only? pnojuuoiyk

Sorry to say I’m not sufficiently curious to read the 48 pages. Here’s a link to the opinion - >https://www.aclu.org/sites/default/files/field_document/alasaad_opinion_summary_judgment.pdf>

I found it on the ACLU site

LPRs have it rough

ha

If you are searched on US soil you are subject to US laws, which includes constitutional rights

I’m aware - but those rights are distinct for US citizens

A bit off-topic, but posting here since it's US-based has anyone considered or done Tulsa Remote? I'm not really looking to spend more time than necessary in the country, but the program seems interesting and I'm curious if it's got a nice community going

As someone who grew up not that far from Tulsa, I'd say there's a reason they're trying to get people to go there...nobody wants to be there in the first place

haha

Haha fair point -- I went there for a conference once and I kinda liked the post-industrial desolation, but I'm a weirdo like that 😂