Moving to Cincinnati from the UK Help with Tax
Really need some advice. I have been asked to move to the US on an ex pat contract. The package is good with my employer offering a number of benefits. Although they will deduct my local, state and city taxes, I will need to pay tax on the following perks:
Housing benefit: 24,000 per year
International medical insurance for my family
I am concerned that when I file my return, I will be stung will a large tax bill for the above items. Before I take the position, I am trying to find out if the extra tax will wipe out the extra money I am receiving for taking the position.
Can anyone advice on US taxes??
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