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January 6, 2020

2019 New Tax Law Changes for US Expatriates and Other US Taxpayers

The US expatriate foreign earned income exclusion rises to  $105,900 for 2019  That means if you and  US taxpaying your  both work  you can exclude $211,800 from taxation on your form 1040.  The foreign housing deduction which can be taken on top of the foreign earned income exclusion has also increased and varies by your country of residency.     The amount deductible from foreign earnings  must exceed $16,944 and cannot be more than $31,770  in total.     This amount  can be greater based on the city and country of residency SEE TABLE IN PUBLICATION 54.

READ MORE ABOUT  MANY  OTHER TAX LAW CHANGES AND MODIFICATIONS FOR 2019 

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