Dealing With Tax Problems: Easy As Pie: Difference between revisions
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Revision as of 18:57, 5 March 2025
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Basic requirements: To be entitled to the foreign earned income exclusion to acquire particular day, the American expat should have a tax home in one or more foreign countries for day time. The expat requirements meet certainly one two checks. He or she must either be deemed a bona fide resident connected with foreign country for a time that includes the particular day as well full tax year, or must be outside the U.S. for 330 of any consecutive 365 days that add particular operating day. This test must be met every single day where the $250.68 per day is taken. Failing to meet one test or that the other for that day world of retail day's $250.68 does not count.
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