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Old 05-09-2020, 04:46 PM
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What are the Foreign Earned income exclusion for 2020?

For tax year 2020, the maximum exclusion is $107,600 per person. If two individuals are married, and both work abroad and meet either the bona fide residence test or the physical presence test, each one can choose the foreign earned income exclusion. Together, they can exclude as much as $215,200 for the 2020 tax year.

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