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 $100,000 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. To claim it, 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.

What Is the Foreign Earned Income Exclusion?

What Is the Foreign Earned Income Exclusion?

If you meet certain requirements, you may qualify for the Foreign Earned Income and Foreign Housing Exclusions and the Foreign Housing Deduction. A quick rule of thumb is to have been outside the US for 330 days. Then you qualify for the FEIE. If you are a US citizen or a resident alien of the […]