Reply To: Foreign Income exclusions –> interest income

Home Fairmark Forum Taxation of Investments Foreign Income exclusions –> interest income Reply To: Foreign Income exclusions –> interest income

#6677
Lewis-H
Participant

If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude your foreign earnings from income up to an amount that is adjusted annually for inflation ($103,900 for 2018, $105,900 for 2019, and $107,600 for 2020).