Passport to Wealth™

How to Reduce your US Tax Bill Using the Foreign Earned Income Exclusion

Jul 26, 2024
Explore how US expatriates can significantly reduce their tax bills using the Foreign Earned Income Exclusion. Discover the criteria for qualifying and learn about the physical presence and bona fide residence tests. Plus, unlock the secrets of the Foreign Housing Exclusion, which helps deduct housing costs from taxable income. Understand the complexities of tax compliance while living abroad and get valuable tips to avoid double taxation. Stay tuned for more insights on expat tax benefits!
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1
Intro
00:00 • 3min
2
Understanding the Foreign Housing Exclusion and Its Benefits
03:03 • 2min
3
Understanding the Foreign Earned Income Exclusion and Tax Compliance
05:08 • 3min