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Deductions & credits
Yes, your Standard Deduction of $12,200 is used in the calculation of your taxable income regardless of whether you have a Foreign Income Exclusion.
Technically, your income exceeding the Foreign Income Exclusion is included in adjusted gross income (AGI). The Standard Deduction is subtracted from AGI as a part of the calculation of Taxable Income.
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‎April 11, 2020
6:36 AM
2,464 Views