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luzjaram
Returning Member

Changes to rules for taxes for overseas income

Were there any changes to the rules in 2024 for how I manage any income tax from income accrued overseas?  

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1 Reply
SharonD007
Expert Alumni

Changes to rules for taxes for overseas income

The Foreign Earned Income Exclusion (FEIC) increased to exclude up to $126, 500 per person in 2024.

 

Refer to the TurboTax articles Filing Taxes While Overseas and Claiming the Foreign Tax Credit with Form 1116 for more information,

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