The IRS has corrected a previous notice that lists housing cost exclusions for U.S. citizens working abroad. Those citizens having a tax home in a foreign country and who meet specific requirements may be able to exclude certain housing costs from their gross income. The excludable amount is the excess of the year’s housing expense over a base amount of $16,624 in 2018 (previously reported as $16,656 in Notice 2018-33). That limit is adjusted for higher cost areas, relative to housing costs in the United States. (IRS Notice 2018-44)

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