Foreign Earned Income Exclusion Overview
Exclusion Vs. Credit Discussed - Recorded 9/3/26
The foreign earned income exclusion (FEIE) under §911 provides substantial tax benefits for U.S. taxpayers living and working abroad. However, eligibility rules and calculations are complex and often misunderstood. This course provides a practical overview of the FEIE, covering qualification requirements, the bona fide residence and physical presence tests, the mechanics of Form 2555, and the housing exclusion.
Learning Objectives
Identify the requirements for taxpayers to qualify for the foreign earned income exclusion.
Differentiate between the bona fide residence test and the physical presence test.
Explain how the FEIE and housing exclusion amounts are calculated and reported on Form 2555.
Recognize common error and compliance issues when applying the FEIE and housing exclusion.
Education Information
IRS Program Number: NMVBP-T-00331-26-S
Credit hours: 2 NASBA CPE / 2 IRS CE
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: QASTM Self Study (NASBA); On-Demand (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
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Course expires one year after purchase.
Instructor: Thomas Gorczynski, EA, CTP, USTCP Learn more about our instructors here.
All continuing education is provided by Gregory & Associates, Inc doing business as Compass Tax Educators. Click here for more information regarding our refund, education and complaint policies.
