Hello World
Tax Glossary
What Is “ Foreign source income ”?
Foreign source income refers to money you earn or receive from activities, investments, or payers located outside of the United...
Tax Glossary
What Is “Foreign Housing Exclusion”?
What Is “Foreign Housing Exclusion”? The foreign housing exclusion is a tax benefit that allows U.S. citizens or resident aliens...
Tax Glossary
What Is “Foreign Earned Income Exclusion”?
What Is “Foreign Earned Income Exclusion”? The Foreign Earned Income Exclusion (FEIE) is a tax provision that allows U.S. citizens...
Tax Glossary
What Is “ Foreign earned income ”?
Foreign earned income is money you receive in exchange for personal services or work performed while you are physically located...
Tax Glossary
What Is “ Filing threshold ”?
What Is Filing Threshold? A filing threshold is the minimum amount of gross income you must earn before you are...
Tax Glossary
What Is “Filing status”?
What Is “Filing status”? Filing status is a category used by the IRS to determine your tax return filing requirements,...
Tax Glossary
What Is “ Filing requirement ”?
What Is a Filing Requirement? A filing requirement is the legal obligation for a taxpayer to submit a federal income...
Tax Glossary
What Is “ Fellowship income ”?
Fellowship income is financial support granted to an individual, typically a graduate student, post-doctoral scholar, or researcher, to aid in...
Tax Glossary
What Is “ Extension to pay ”?
What Is an Extension to Pay? An extension to pay is a formal request granted by the IRS that allows...
Tax Glossary
What Is “ Extension to file ”?
An extension to file is a formal request made to the IRS (and often state tax agencies) for additional time...