Foreign Earned Income Exclusion Calculator

Estimate your potential tax savings with the Foreign Earned Income Exclusion (FEIE) based on your international income and residency status.

What is the Foreign Earned Income Exclusion?

The Foreign Earned Income Exclusion (FEIE) allows eligible U.S. citizens and residents living and working abroad to exclude a certain amount of their foreign earned income from U.S. federal income tax.

For tax year 2024, you can exclude up to $126,500 of foreign earned income if you meet either the Bona Fide Residence Test or the Physical Presence Test.

Note: This calculator provides estimates only. For specific tax advice, please consult with a qualified tax professional.

Residency & Qualification Information

You need at least 330 days outside the US in a 12-month period to qualify for the Physical Presence Test

Note: Based on your inputs, you may not qualify for the Foreign Earned Income Exclusion. Please review the qualification requirements.

Progress toward Physical Presence Test qualification:

0%

You need 330 days outside the US in a 12-month period to qualify.

Income Information

Income earned while physically working in a foreign country

Income earned while working in the US or from US sources

Rent, utilities, insurance, etc. (excludes purchased property, furniture, etc.)

Additional Tax Information

Standard/itemized deductions, child tax credits, etc.

For Foreign Tax Credit calculation

Note: Self-employment tax still applies to excluded income

Your Estimated Tax Savings with FEIE

$0

Based on your inputs, this is your potential tax savings using the Foreign Earned Income Exclusion.

FEIE Calculation Summary

Foreign Earned Income: $0
FEIE Exclusion Amount: $0
Housing Exclusion Amount: $0
Total Income Excluded: $0
Remaining Taxable Foreign Income: $0

Tax Comparison

Estimated Tax Without FEIE: $0
Estimated Tax With FEIE: $0
Foreign Tax Credit: $0
Self-Employment Tax (if applicable): $0
Total Tax Savings: $0

Important Notes & Recommendations

Disclaimer: This calculator provides estimates only and does not constitute tax or legal advice. Tax laws and regulations regarding foreign earned income are complex and subject to change. The actual tax benefits may differ based on your specific circumstances and current IRS regulations. We recommend consulting with a qualified tax professional who specializes in expatriate taxation before making any tax-related decisions.

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