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Foreign Income Exclusion for Expats
So i am contracting for a company and living abroad. I can either have the funds placed in my foreign bank account in the local currency or into my US bank account in $. I am outside the US for more than 330 days/year and qualify for the foreign income exclusion clause. This outside corporation is obviously not giving me a 1099 (as it is not a US company and i am not in the US) but if they bank transfer me my funds to my US account will those funds still be considered foreign earned? As in ... will i not be taxed in the United States on that income (assuming it is under the exclusion limit).
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May 31, 2019
9:48 PM