Question about foreign earned income exclusion

Hello all. I just moved to Japan a few months ago and am earning Yen at a Japanese company. My student loans payments started coming in around the same time. I wanted to sign up for the SAVE plan, but am unsure as to what I need to do for that since I am now earning money in a foreign country. I read in another post that one must have been in another country for 330 (?) days in order to qualify for the foreign earned income exclusion. Since I can’t wait a year to address the loan payments that are coming in monthly, what should be my course of action?

I’m afraid of making a mistake when it comes to tax issues so I wanted to ask about it here. Any advice or information would be very much appreciated.

by lavvy_m

Leave a Reply
You May Also Like