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Foreign Earned income and housing exclusion

Foreign Earned income and housing exclusion. See attached file for full problem description.


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Melanie could exclude $80,000 plus (24000-11000) $13000 for a total of $93,000. That was true until a law change in May 2006 which is retroactive to 1-1-2006. The calculation is the same but both base amounts have ...

Solution Summary

The solution gives the current law limits for the foreign earned income exclusion and the housing exclusion. The law changed effective January 1, 2006.