View Full Version : Foreign earned income

06-02-2016, 02:59 AM
I'm a US citizen who resides overseases, I meet the 330 day requirement for this exclusion.

However I"m starting my own business this year (previously I've been directly employed by an entity of my country of residence)>
This business is 100% online, and I"ll be accepting payments into my US bank account.

I'm not sure, I can't really find any information about if this is relevant or not, or if I still will qualify for the exclusion.

If I do qualify, I am wondering if there are any advantages to incorporating. As far as I can tell, the main reasons to incorporate involve reduced taxes from cutting self-employment taxes and so on.