Foreign Earned Income 2555 IRS Filing for Expats Abroad 330 Days. Expat Tax Preparation Portal - USA Form 2555 information, how to pay your USA Income taxes as perpetual traveler or person living offshore 330 plus days.
Taxes are truly taxing on the nerves of Expatriates living abroad.
WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING WARNING
It is extremely dangerous to enter your tax information online, it is everything a person needs to steal your identity, seriously think about having professional help.
!!!!! Please Review any links, and if a link / URL changes, leave.
Thank you, Andy Lee Graham, 18 Years abroad in 107 countries.
Foreign earned income exclusion defined:
The United States taxes citizens and residents on their worldwide income. Citizens and residents living and working outside the U.S. may be entitled to a foreign earned income exclusion that reduces taxable income. For 2010, the maximum exclusion is $91,500 per taxpayer. In addition, the taxpayer may exclude housing expenses in excess of 16% of this maximum (i.e., $40.11 per day in 2010), but with limits. The exclusion is available only for wages or self employment income earned for services performed outside the U.S. The exclusion is claimed on IRS Form 2555 on an expat tax return.
Read CURRENT Information on Wikipedia
https://en.wikipedia.org/wiki/Foreign_earned_income_exclusion
Good Articles on How to File?
http://20somethingfinance.com/5-of-the-cheapest-best-ways-to-e-file-your-taxes/
https://www.irs.gov/pub/irs-pdf/p54.pdf
Extention for Taxes: Form from IRS 4868 for people living abroad.
You need to search for "IRS 4868" because the PDF will change from year to year.
https://www.irs.gov/filing/extension-of-time-to-file-your-tax-return
https://www.irs.gov/publications/p54/ch01.html
Online Taxes - I used this to file Extension
Foreign Earned Income 2555 IRS Filing for Expats Abroad 330 Days. Expat Tax Preparation Portal - USA Form 2555 information, how to pay your USA Income taxes as perpetual traveler or person living offshore 330 plus days.
Form 2555 - PDF link to the form from the USA government on the Foreign Earned Income exclusion that allows you to earn up to 91,500 in 2010.
Tue, 8 Mar 2011 06:50:13