Old 11-04-2011 | 02:59 PM
  #18  
ImperialxRat
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Joined: Feb 2007
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Hi guys.

Thanks for the info in this thread. I am going to be accepting a job over seas that is not a contract gig.. it is a permanent position, and I should be making right around 90k/yr. They will be airline'ing us home while the plane is in scheduled maintenance, which is twice a year for 3 week periods.

So realistically I should be right around 320 days over-seas for the calendar year of 2011. Since I wouldn't qualify for the 330 day abroad exemption, would I be able to qualify for the second one that TonyWilliams posted?.

Is it a "you dont pay any taxes on the first $90k" type thing, or is it just a reduced tax amount?

Thanks!
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