Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Congress has provided substantial tax benefits for foreign workers, including missionaries. In 2015, an eligible foreign worker can exclude up to $100,800 of income from income tax.


This Memo provides the basic requirements for claiming the foreign earned income exclusion, plus some additional information. We cover:


1. What income can be excluded
2. Foreign housing allowance
3. Tests for eligibility
a. Bona fide resident
b. Physical presence
4. Claiming the exclusion
5. Common questions
6. Additional resources

...

Please do not hesitate to contact the CPA firm of Capin Crouse, if you have any personal questions about foreign earned income exclusion:
www.capincrouse.com      info@capincrouse.com

 

Info
titleForeign Earned Income Exclusion Memo

You can view and print the PDF version of the Memo here.

UI Button
titleDownload and View the Memo Here
urlhttps://www.gcmapp.net/Libraries/Employment/Foreign_Earned_Income_Exclusion_Tax_Memo.sflb.ashx?download=true