Not reporting very small income on my U.S. account while I live abroad
How much foreign income is tax free in USA?
$108,700
The Foreign Earned Income Exclusion (FEIE, using IRS Form 2555) allows you to exclude a certain amount of your FOREIGN EARNED income from US tax. For tax year 2021 (filing in 2022) the exclusion amount is $108,700.
Where is the easiest country to get citizenship?
Top 22 Easiest Countries to Obtain Citizenship (combined sources – alphabetical order)*
Antigua and Barbuda | Greece | Paraguay |
---|---|---|
Austria | Ireland | Portugal |
Belgium | Israel | Saint Kitts and Nevis |
Brazil | Italy | Saint Lucia |
Canada | Malta | Spain |