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There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and supply of the salary or fee any payment. Foreign residency or extended periods abroad belonging to the tax payer is really a qualification to avoid double taxation.

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If get a national muni bond fund your interest income will be free of federal taxation's (but not state income taxes). One does buy a state muni bond fund that owns bonds from the house state this interest income will likely be "double-tax free" for both federal and state income fiscal.

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