Foreign earned income exclusion
id:
foreign-earned-income-exclusion-197-6079790
title:
Foreign earned income exclusion
text:
The United States taxes citizens and residents on their worldwide income. Citizens and residents living and working outside the U.S. may be entitled to a foreign earned income exclusion that reduces taxable income. For 2024, the maximum exclusion is $126,500 per taxpayer. Taxpayers filing a joint return are entitled to up to two exclusions if both have earned income. In addition, the taxpayer may exclude housing expenses in excess of 16% of this maximum but with limits. The exclusion is availabl
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Foreign_earned_income_exclusion
date created:
date modified:
2024-01-22T07:11:11Z
main entity:
{"identifier":"Q5468380","url":"https://www.wikidata.org/entity/Q5468380"}
image:
fields total:
13
integrity:
13