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Latest revision as of 22:58, 20 May 2026


The IRS has set many tax deductions and benefits in place for individuals. Unfortunately, some taxpayers who earn a advanced level of income can see these benefits phased out as their income increases.

Julie's total exclusion is $94,079. On her behalf American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. tax.

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