If you live abroad or travel frequently, make sure you don't give Uncle Sam more money than necessary in the United States . The Foreign Earned Income Exclusion (FEIE) allows a US taxpayer to exclude up to $112,000 of income (the 2022 figure - it is adjusted annually for inflation) from tax . Sound too good to be true? It's not. But you will have to go through a few steps to qualify.
If you live abroad or travel frequently, make sure you don't give Uncle Sam more money than necessary in the United States . The Foreign Earned Income Exclusion (FEIE) allows a US taxpayer to exclude up to $112,000 of income (the 2022 figure - it is adjusted annually for inflation) from tax . Sound too good to be true? It's not. But you will have to go through a few steps to qualify.
Photo: WineDonuts (Shutterstock)
Photo: WineDonuts (Shutterstock)
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