Huge Tax Breaks for Expats (Plus the 3 Biggest Tax Mistakes Expats & Travelers Make)

TMBA02: Huge Tax Breaks for Expats (Plus the 3 Biggest Tax Mistakes Expats & Travelers Make)
Link: Tropical Talk Radio
 
If you spend 330 days inside a foreign country you can qualify for tax credits and exclusions.
Time spent in transit doesn’t count as time spent in a foreign country.
FICA, Social Security, etc. have to be paid before the exclusion.
You have to report your foreign bank accounts if you have more than $10,000 cumulative outside of the U.S.