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It is a fine line, and relatively it seems non-existent or at best very unreadable. But I’m not about to tackle issue of memek and people who get away with one. That’s a different colored animal. Facts remain facts. There will continue to be those who is worm their way the their obligation of adding to this great nation’s financial state.
Julie’s total exclusion is $94,079. For my child American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700).
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Count days before vacation. Julie should carefully plan 2011 travel. If she had returned to the U.S. 3 days weeks in before July 2011, her days after July 14, 2010, would never qualify. A new trip would have resulted in over $10,000 additional income tax. Counting the days conserve you transfer pricing a lot of money.
