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Get your taxes done using TurboTax
Yes for the purpose of long-term capital gains, your Foreign Earned Income Exclusion is also added back to determine the taxable income and the tax bracket. Yes it includes your spouse's Foreign Earned Income.
If you qualify for and claim the foreign earned income exclusion, the foreign housing exclusion, or both, must figure the tax on your remaining non-excluded income using the tax rates that would have applied had you not claimed the exclusion.
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Foreign Earned Income Exclusion
ā€ˇFebruary 12, 2022
1:17 PM