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Physical Presence Test for the US Foreign Earned Income Exclusion Explained

The Physical Presence Test is an IRS method US citizens abroad can use to qualify for the Foreign Earned Income Exclusion (FEIE), based on spending a required number of days outside the US within any consecutive 12-month period. Meeting this test allows qualifying expats to exclude a portion of foreign-earned income from US taxable income.

💰 Tax & banking Neutral 🇺🇸 US MyExpatTaxes 2 months ago 0 comments