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OK online Form 2555: What You Should Know
The foreign-earned income exclusion, or FIE, has come under heavy fire from taxpayers in recent years, but it is used by millions of individuals to make more money. The FIE provides a tax break for individuals who work outside the United States, not only from paying taxes on their salary, but also from paying some tax on foreign income earned from their salaries in the United States. In 2014, the FIE reached its largest annual total in history at 43 billion. For 2017, it estimated to reach 45.6 billion. The maximum amount in the exclusion is 100,300 for the 2025 tax year, including bonuses. The maximum amount in the exclusion is 75,000 for the 2025 tax year, including bonuses. This video provides an overview of the FIE and provides a link to Form 2555. The Form 2555 can be found on the IRS website at. On YouTube, you can download the video, or if you want to just download one article, here's one from the tax blog: — Tax flowschttp:// — Foreign Earned Income Exclusion — Tax blog, with an article from our sister site, Tax Facts Blog: tax_blog/2012/06/foreign_earned_income_exclusion.
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