Foreign earned income exclusion relief 2026 featured
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Foreign Earned Income Exclusion Relief: Rev. Proc. 2026-16 Countries

BySW Accounting admin

What is the foreign earned income exclusion relief under Rev. Proc. 2026-16? The IRS waives the section 911 residency and presence tests for 2025 for qualified individuals who had to leave seven specified countries due to war, civil unrest, or similar adverse conditions. If you’re a US citizen or resident who was living abroad and…

Foreign housing exclusion 2026 irs limits featured
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Foreign Housing Exclusion 2026: IRS Notice 2026-25 Limits

BySW Accounting admin

How much can U.S. expats deduct for housing costs abroad in 2026? Under the foreign housing exclusion 2026 limits just released in IRS Notice 2026-25, the cap ranges from $39,870 in standard locations to $114,300 in Hong Kong, with more than 400 high-cost cities receiving upward adjustments. If you’re a U.S. citizen or resident earning…