You Should Know@lemmy.world · 4 days ago

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You Should Know@lemmy.world · 4 days ago

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weirdboy@lemm.ee
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1 year ago
The exemption only applies to earned income, meaning you cannot apply any of that $125k to stuff like investment returns, dividends, royalties, or rents collected.
- Varyk@sh.itjust.worksOP
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  1 year ago
  That’s right.
  
  The Foreign Earned Income Exclusion specifically applies to earned income, and does not apply to unearned income.
  - rarbg@lemmy.zip
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    1 year ago
    Nobody:
    
    Literally no one:
    
    Tax accountants:
    - Varyk@sh.itjust.worksOP
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      Tax accountants:

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