Understanding Foreign Income Exclusion under I.R.C. §911: General Information
Sep 5th, 2009 | By Manager | Category: International Tax Attorney Minneapolis, international tax lawyer minneapolis, Legal NotesUnder I.R.C. §911, a U.S. citizen or resident can elect to exclude as much as $91,400 (for tax year 2009) of foreign earned income and some or all foreign housing costs from taxable gross income if two conditions are met.