FEIE: Foreign Earned Income Exclusion

The Foreign Earned Income Exclusion

The Foreign Earned Income Exclusion is an IRS exemption that expats can claim when they file their federal tax return that allows them to exclude the first around $107,000 of their earned income from US taxation.

Foreign Earned Income Exclusion News

The Foreign Earned Income Exclusion can only be used to exclude earned income. Expats must also meet IRS criteria to prove that they live abroad. Whether it’s the best exemption to claim depends on each expat’s circumstances. Find out more here.

IRS Form 2555 – How to File as an Expat

IRS Form 2555 is filed by expats to claim the Foreign Earned Income Exclusion

This post was last updated March 6, 2023. It’s frustrating for expats, but all US persons (both citizens and permanent residents) are required to file a federal tax return as long as they meet the income reporting threshold. Depending on their circumstances, expats may also owe taxes to the country in which they reside. However, […]

FEIE vs FTC – Which is Best? A Guide for Expats

FEIE vs FTC - A Guide for Expats

American tax rules require all US citizens and green card holders, including expats, to file US taxes on their global income. It’s unusual for expats to have to file: most countries just require residents to file, or just tax income arising in the country. As a result, American expats often have to file two tax […]

Foreign Earned Income Exclusion in 2020 for US Expats

Foreign Earned Income Exclusion in 2020 for US Expats

Because the US taxes based on citizenship, American expats have to file US taxes from abroad, reporting all of their global income. Many Americans also have to file foreign taxes too, depending on the rules in the country (or countries where they live). Americans also often have to report their foreign registered bank and investment […]

US Tax Forms for Expats – Form 2555 or 2555-EZ?

IRS form 2555 or 2555-EZ for Expats

All Americans (including green card holders) are required to file US taxes, reporting their worldwide income, including expats. Many expats mistakenly assume that they don’t have to file US taxes if they don’t have US sourced income, or due to a tax treaty, however all Americans who earn over $12,000 or just $400 of self-employment […]

Taxes for US Expats – How Many Days Can I Spend in the US?

expat counting days in US

Because all American citizens and green card holders are required to file a US tax return, reporting their worldwide income, the IRS provides a number of exemptions that can be claimed that help expats minimize (and most often eliminate entirely) their US tax liability.   These exemptions must be claimed when expats file their federal […]

Taxes for Expats – Is Foreign Income Tax Exempt?

expat with tax exempt foreign income

When Americans move abroad, they are usually more focused on the adventure ahead than on getting to grips with US tax rules for expats. In fact, many assume that their foreign income is tax exempt. It’s counter-intuitive, in a way, that US expats are required to file US taxes from abroad, declaring their worldwide income. […]

Is There an Overseas Tax Exemption for US Expats?

expat with overseas tax exemption

Many expats are surprised or even shocked when they discover that they have to file US taxes from abroad. They may be paying foreign taxes where they live already, and anyway no other country (except Eritrea) requires expats to continue filing if they move abroad. While the US has tax treaties with over 100 other […]