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Revision as of 13:50, 2 September 2026


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Note: The article author is not a CPA or tax technician. This article is for general information purposes, and will not be construed as tax advice. Readers are strongly asked to consult their tax professional regarding their personal tax situation.

In addition, an American living and dealing outside north america (expat) may exclude from taxable income the owner's income earned from work outside usa. This exclusion is in 2 parts. The main exclusion is fixed to USD 95,100 for the 2012 tax year, in addition, it USD 97,600 for the 2013 tax year. These amounts are determined on a daily pro rata grounds for all days on the fact that expat qualifies for the exclusion. In addition, the expat may exclude the number of he or she already paid for housing within a foreign country in overabundance of 16% of this basic difference. This housing exclusion is on a jurisdiction. For 2012, the housing exclusion may be the amount paid in excess of USD forty one.57 per day. For 2013, the amounts well over USD 42.78 per day may be omitted.

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