Are you a U.S. citizen or resident alien working abroad? You might be eligible for the Foreign Earned Income Exclusion, which allows you to exclude a portion of your foreign income from U.S. taxation. In this episode, we’ll break down the 2023 eligibility criteria, including the Physical Presence and Bona Fide Residence tests, and explain how to claim this valuable exclusion. From understanding earned vs. unearned income to navigating IRS Form 2555, we’ve got you covered. Tune in to learn how to maximize your tax savings while living and working overseas!