Category: Foreign Earned Income Exclusion
FEIE Form 2555 Benefit — a Guide for Expats
Oct 07, 2024
What is IRS Form 2555? Form 2555 is a document for expats who want to or are eligible to exclude their foreign-earned income from taxes. As you fill out the form, you declare…
How to Claim the Foreign Housing Exclusion for Expats
Sep 13, 2024
The Foreign Housing Exclusion complements the Foreign Earned Income Exclusion (FEIE), with both claimed on Form 2555. Together, they can significantly reduce your U.S. tax bill. The Foreign Housing Exclusion allows eligible U.S.…
The Most Common Expat Tax Deductions
Aug 06, 2024
Paying more taxes than you should is no one’s favorite. Whether you’re a typical taxpayer or an expat, learn how tax deductions can benefit you in this article.
Foreign Earned Income Exclusion – All Your Questions Answered by Expat Tax Experts
Jul 15, 2024
Living and working abroad as a U.S. citizen or resident alien means your worldwide income is subject to U.S. taxation. This can lead to double taxation, as your foreign country may also tax…
The Most Popular Homeowners Tax Deductions Expats Need to Know
Jun 02, 2023
Owning a home can be expensive. While it is a valuable investment for building wealth, it comes with its fair share of challenges. With monthly payments, unexpected repairs, and ongoing maintenance, the costs…
Foreign Earned Income Exclusion For Self-Employed Expats — What Expat Need To Know
Sep 14, 2022
How does FEIE work? And how can you take advantage of it? If you're a self-employed expat who wishes to maximize your tax deductions, this infographic will provide a comprehensive overview of FEIE…
FEIE Vs. FTC: Which Is Better For Expats Avoiding Double Taxation?
Aug 19, 2022
You must understand these two tax benefits to avoid getting double-taxed while working or living abroad. This article will discuss the FEIE vs. the FTC to determine your better option.
5 Things Expats Should Know About Foreign Source Income
Jul 28, 2021
Filing returns for foreign source income is required by the IRS. Here are things you should know about complying with this requirement.
Foreign Earned Income – Determining the Source of Earned Income
Mar 13, 2014
Is My Earned Income Foreign Earned Income? A common question that we see from both our clients and readers of the Tax Samaritan newsletter is whether their earned income (generally wages or self-employment…
Section 911
Dec 22, 2013
Section 911 And The Timing Of A Foreign Earned Income Exclusion Election Section 911(a) of the Code allows qualified citizens and residents of the United States living abroad to elect to exclude from…