For the tax year 2022 (the tax return filed in 2023), you may be eligible to exclude up to $112,000 of your foreign-earned income from your U.S. income taxes. For the tax year 2023 (the tax return filed in 2024), this amount increases to $120,000.
People Also Ask
The Foreign Housing Exclusion lets expats deduct foreign housing-related expenses from their US tax bill. Qualifying expenses may include: Rent. Utilities (but not phone or TV related expenses)