Trump's 2025 Tax Law: What Expats Need to Know

The “One Big Beautiful Bill Act” made major changes to the American tax code. Key provisions for US expats include a boost to the SALT deduction cap from $10,000 to $40,000. The Foreign Earned Income Exclusion also remains intact, with a previously scheduled inflation adjustment from $126,500 to $130,000.

On the downside, a new 1% federal remittance tax will now apply to outbound money transfers from the US starting in 2026. New requirements for the Child Tax Credit could also impact some expats.

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Foreign Earned Income Exclusion in 2025: IRS Form 2555


U.S. tax guide for American nomads


#digitalnomad #expat #taxes

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By: Savvy Nomad
Title: Trump''s 2025 Tax Law: What Expats Need to Know
Sourced From: www.youtube.com/watch?v=NHiKC96HU24


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