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Author Topic: Can I use the FEIE on income from selling my US-based business?  (Read 4164 times)

glossolalia

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Can I use the FEIE on income from selling my US-based business?
« on: April 18, 2018, 08:35:54 AM »
Simple question: If I sell my US-based business in May while living abroad the entire year, can I use the FEIE to deduct the first ~$100,000 of my business sale profit?
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George Rivers

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Re: Can I use the FEIE on income from selling my US-based business?
« Reply #1 on: April 18, 2018, 08:54:31 AM »
The "I" in FEIE is for income :).  Selling a business would be a capital gain, not income, so no.
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glossolalia

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Re: Can I use the FEIE on income from selling my US-based business?
« Reply #2 on: April 18, 2018, 10:07:45 AM »
Thank you!
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gocurrycracker

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Re: Can I use the FEIE on income from selling my US-based business?
« Reply #3 on: April 18, 2018, 10:40:49 PM »
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