Like traveling? No income taxes(up to 120k) if you live outside of the US more than 330 days a year. (www.irs.gov)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

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when tax time comes around, you fill out an IRS form called the FEIE, the Foreign Earned Income Exclusion.

Check the "physical presence test" box, fill out your total income for that year, then write down the dates that you were not in the United States and where you were.

10 minutes, one extra form, no income taxes.

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this post was submitted on 24 Aug 2024

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