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Topic History of: foreign earned income exclusion
Max. showing the last posts - (Last post first)
Author Message
steve If both you and your spouse work abroad and you and your spouse meet either the bona fide residence test or the physical presence test, you and each choose the foreign earned income exclusion. You do not both need to meet the same test. Together, you and your spouse can exclude as (if you qualify) can effectively exclude up to $171,400.
Preston Does the exclusion include the US soliders that are currently overseas?
Tomas P does the 85,700 apply for each spouse or only one spouse? Also, do both spouses need to meet the 330 day test?
Sumo If its 85,000.00 for '07, does that mean it may go up for the year '08? And if so, by how much does it go up on average per year?
Kash it doesnt matter if you live abroad, if you blow the 330 day test you dont qualify for the FEIE. FYI: The FEIE is up to $85,700 for yr 07
Lex What if you are a US citizen working and living overseas and you travel back to the states more than 40 days? Is there an exception if you are living overseas. This client doesnt have a house in the US anymore. The concren is the that client is not overseas at least 330 days
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