Suggestions

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Foreign earned income exclusion, US taxes (FEIE)

US expats have the option to exclude ($130,000 in 2025) of earned income from being taxed. This is different than a deduction or credit as your other passive income is still stacked on top of this income, you still get taxed on it and at the rates of the stacked amounts.

Would be useful to expats to have the exclusion available in PL.

Related: brighttax.com/blog/irs-foreign-earned-income-exclusion-us-expats-guide/

4 votes

Tagged as Suggestion

Suggested 14 September 2025 by user David M

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  • 14 September 2025 David M suggested this task

  • avatar
    Shawn @PL

    What’s the bigger picture here. I assume we also care about the taxes paid in the other jurisdiction? Please feel free to elaborate in the Discord that is probably a better place for longer commentary.

    14 September 2025

  • 14 September 2025 Shawn @PL approved this task

  • avatar
    Curtis

    As the tool expands to international application, there are many people who geo-arbitrage to FIRE, or simply live abroad as expats and many of them would benefit to having FEIE built into the tool.

    19 May
  • avatar
    Brandon G

    I’m not an expert but foreign tax credit and FEIE work differently and I would love them to be supported as it can greatly effect Roth Conversions. Would be a great addition to newest roth conversion optimization.

    29 May