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Deductions & credits
Thanks for your response - I can't exclude all of my income, as I earned about $189k. So I've used the FEIE to exclude the first $126k (or whatever the exact amount is), but I still have income left over. As I understand it, I can use the FTC to reduce my tax liability. I am in Brazil and so I pay 25-30% income tax on all of my income.
March 26, 2025
11:50 AM