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.

The Foreign Earned Income Exclusion – What Is It?

foreign earned income exclusion

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 […]