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I am a English teacher in South Korea. I have been here since February 3 rd 2012. What do I do about American taxes?

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If you are a citizen of the United States working overseas, you might be able to reduce what you owe in income tax if you meet the criteria for the foreign income exclusion. If you do qualify, you may leave out a sum of $97,600 in foreign income from the income tax liability of U.S in 2013. You can get more details at http://www.federatedinvestors.com/FII/financialPlanning/leaf.do?id=284.

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