IRS Form 673 walkthrough (Claiming Exemption From Withholding on Foreign Earned Income)

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Here are links to articles and videos we've created about other tax forms and schedules mentioned in this video or its accompanying article:
IRS Form 2555, Foreign Earned Income
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IRS Form W-4, Employee’s Withholding Certificate
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Video: • IRS Form W-4 walkthrou...

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For tax year 2024, the foreign earned income exclusion increased from $120,000 to $126,500. This means that the base housing amount, which should not be more than 16% of the foreign earned income exclusion, should be $20,240, or $55.45 per day.