By Payroll and Entitlements Editorial Staff
The IRS has reissued the annual adjustments to the housing expense limitation for specific locations for purposes of Code Sec. 911, as amended by the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) (P.L. 109-222). The adjustments are based on geographical differences in international housing costs relative to housing cost in the U.S. The maximum foreign earned income exclusion is $107,600. The base housing amount is $17, 216 ($107,600 x .16). The maximum housing expenses is $32,280.
