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R
robertone139
January 30, 2024
Solved

As an employee of a foreign company working and living abroad do I need to pay into SS/MC in order for FEIE to apply?

  • January 30, 2024
  • 1 reply
  • 0 views

I am working abroad for a foreign company and I am resident in a country with no bilateral ss/mc agreement with the USA.

I understand FEIE is going to be 126,500$ for 2024 (and hopefully continues to increase over the years), but do I need to pay into ss/mc for FEIE to apply? I was surprised by my CPA response whereas there is a specific page in the IRS website stating to the contrary, cit:

Employees of a foreign company working and living abroad 

    Best answer by MinhT1

    Foreign employers are not required to pay or withhold FICA taxes except in the cases specifically described on page 29 of this aren't.

    1 reply

    M
    MinhT1
    January 30, 2024

    You're correct.

     

    There is no need for a foreign employee working for a foreign employer to contribute to Social Security and Medicare to be eligible for the Foreign Earned Income Exclusion.

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      R
      robertone139Author
      January 30, 2024

      Thank you, other than the link I posted is there additional guidance on the subject?

      M
      MinhT1Answer
      January 30, 2024

      Foreign employers are not required to pay or withhold FICA taxes except in the cases specifically described on page 29 of this aren't.

      **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
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