How Decide Upon Your Canadian Tax Program: Difference between revisions
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Revision as of 12:15, 3 September 2026
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In addition, an American living and outside the states (expat) may exclude from taxable income his or her income earned from work outside the us. This exclusion is in two parts. Standard exclusion is restricted to USD 95,100 for the 2012 tax year, and just USD 97,600 for the 2013 tax year. These amounts are determined on a daily pro rata basis for all days on in which the expat qualifies for the exclusion. In addition, the expat may exclude the number of he or she paid a commission for housing in the foreign country in excess of 16% belonging to the basic exception to this rule.
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