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FAQsIntroductionGross IncomeFEIE - Foreign Earned Income Exclusion
All of your total, worldwide income, as a US citizen or Green Card holder is taxable by the IRS.
Does that mean double taxation?
You will not be taxed twice on your income if the country in which you made your income has a tax treaty with the US. See the list of countries that have a tax treaty with the US.
Are there exceptions?
The Foreign Earned Income Exclusion (FEIE) allows US expats to exclude up to a certain amount of foreign earned income from US taxation. The maximum foreign earned income exclusion amount is adjusted annually for inflation.
Year | FEIE Limit |
2024 | $126,500 |
2023 | $120,000 |
2022 | $112,000 |
See the IRS website for the latest FEIE excludable amount.
How do I qualify for the FEIE?
There are two ways:
- Physical Presence Test: You must be outside of the US for 330 full days in a consecutive 12 month period, that begins or ends within the tax year.
- Bona Fide Resident Test: You must be a resident in a foreign country and subject to local income taxes for at least a full tax year.
For more about US expat taxes, check out our Expat Tax Guide.
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