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Is maximum foreign tax exclusion of income 95,100 for joint

filers or 190,200 (95,100 for...
Is maximum foreign tax exclusion of income 95,100 for joint filers or 190,200 (95,100 for both husband & wife)?
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6/20/2013
Megan C
Megan C, Certified Public Accountant (CPA)
Category: Tax
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MyVirtualCPA :

Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.

MyVirtualCPA :

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MyVirtualCPA :

The exclusion is per qualifying person...so each person can exclude up to the full amount

MyVirtualCPA :

Here is a link from the IRS. It is a bit outdated, because it lists 2008 exclusion amounts but it does say where married couples can each claim the exclusion

MyVirtualCPA :

http://www.irs.gov/Businesses/Foreign-Earned-Income-Exclusion-1

MyVirtualCPA :

Please let me know if I can be of any further assistance.

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Please take a moment to rate my response "excellent" so that I may receive credit for assisting you today.

Megan C
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