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If I have foreign unearned income of $200,000, do I still need to pay taxes? (e.g. rent, stock, dividends..)
If I have foreign unearned income of $200,000 and I meet either Bona Fide Residency test or Physical Presence Test, do I still need to pay taxes about $200,000?
I know there is a foreign earned income exclusion which is $107,600. Since it is 'earned income exclusion' it won't apply to me? Or I just need to pay taxes about $92,400 after exclusion?
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‎April 5, 2021
7:06 AM