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Showing posts with label greenbacktaxservices. Show all posts
Showing posts with label greenbacktaxservices. Show all posts

March 13, 2023

Expats Working Abroad May Be Able to Deduct Their Rent from their earnings.

 US expatriates working abroad may be able to deduct their rent if their income exceeds the current foreign earned income exclusion ($112,000 for 2022). The rent has to exceed a certain minimum amount which is often set by the country you live in.  If your an expat and need to take advantage of this special rule on your US tax return CONTACT US FOR ASSISTANCE.  Visit our website at www.taxmeless.com for a lot of expat taxation information that you may find useful.