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The IRS has set many tax deductions and benefits in place for tax payers. Unfortunately, some taxpayers who are earning a advanced of income can see these benefits phased out as their income increases.

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Julie's total exclusion is $94,079. On the American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. in taxes.

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