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For a U.S. taxpayer abroad, when is foreign housing an exclusion and when is it a deduction, and why can the deduction carry over only one year?
I want the detailed IRS distinction, not a loose FEIE summary. Please explain the employee versus self-employed split, the limitation on the deduction, and why someone who claims housing relief still cannot treat foreign taxes on excluded income as fully creditable.
Related Questions
When does a Canadian taxpayer need to file Form T1135?
I have foreign investments and accounts while living in Canada. Please explain the T1135 specified foreign property rule and why it is separate from reporting the income itself.
How does Japan tax non-resident individuals on Japan-source income?
I need a Japan nonresident answer for individuals. Please explain Japan-source income, withholding and why a short stay or overseas residence does not automatically remove Japanese tax exposure.
What tax steps should an individual check before leaving Japan?
I am leaving Japan and need the practical tax answer. Please explain final return issues, tax agents and why moving abroad does not automatically close every Japanese tax item.
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