The Physical Presence Test Explained #expatlife #expat #lifeabroad #digitalnomad #taxtips
Summary
The transcript discusses the IRS physical presence test for qualifying for the foreign earned income exclusion. To meet the requirement, a taxpayer must be physically present in foreign countries for at least 330 full 24-hour days within a consecutive 12-month period. Days spent traveling or in the US do not count towards this total, emphasizing the strict criteria for tax benefits for international workers or expatriates.