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Old 03-29-2007, 03:18 PM
TaxGuru TaxGuru is offline
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Foreign Earned Income Exclusion for 2006

According to IRS Code section 911(a) (1) and (b)(2),

"A qualifying individual who works abroad may elect to exclude from Gross Income up to $80,000 of foreign income attributable to a period of residence during the tax year in a foreign country."
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