FOREIGN EARNED INCOME (1 OF 2)
01.Core Concepts
• Exclusion applies if a qualified individual has a tax home in a foreign country, and must either: 1. qualify as a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire taxable year (bona fide resident test), or 2. qualify by being present in a foreign country or countries for at least 330 full days during any period of twelve consecutive months (physical presence test). • Amount of exclusion: • $132,900 in 2026 ($130,000 in 2025)