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.
Thread: Foreign earned income
Results 1 to 1 of 1
Foreign earned income – 06-02-2016,02:59 AM
- Join Date
- May 2016