Originally Posted by Typhoonpilot

The amount is $80,000 and is called the " Foreign Earned Income Exclusion ". You only qualify for that by being resident of said foreign country for one full calendar year or being in a foreign country ( ies ) for 330 out of 365 days. After the foreign earned income exclusion you still have your individual tax deductions ( i.e., married filing jointly ) as well as any mortgage interest deduction, etc. In effect, you won't pay any tax until you are over $100,000 in earnings.

In regards to the age 60 rule, I hope that I can retire well before that, but I want to have the option to continue if need be. There are many of us who have had our pensions stolen and spent a large amount of time on furlough in this rocky career. We're not the lucky 5% that have had a smooth career with no fuloughs and no stolen pensions. Better yet, quick upgrades and good pay. We've had to use our savings to survive while on furlough or until the next job came along. We've been junior F.O.s on reserve the majority of our career, never made the big bucks of a captain.

In any event, I would never go to India to work, it'll be China for me


TP