Foreign Earned Income Exclusion News For Expats 4

Should Expats Claim the Foreign Earned Income Exclusion in Their US Tax Return?

01/09/2017

All Americans are required to file an annual federal income tax return if they earn over around $10,000 (or just $400 of self employment income), wherever in the world they live and whichever country their income originates in. Americans living abroad may also have further US filing requirements under FATCA and FBAR (more about these […]

When Expats Should Claim the Foreign Earned Income Exclusion

04/05/2016

What is it? The US is the only developed nation in the world to tax based on citizenship rather than residence. As such, US citizens (or green card holders) are liable to pay US income tax on their worldwide income wherever in the world they live. If you live abroad though, you will probably also […]

The Foreign Earned Income Exclusion – What Is It?

02/08/2016

US citizens and green card holders who live and work outside the US may be able to exclude part or all of their foreign earned income (both wages and income from self-employment) from US tax using the Foreign Earned Income Exclusion (FEIE). To qualify for the FEIE, a person needs to both work and live […]