There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee pay out. Foreign residency or extended periods abroad from the tax payer is really a qualification to avoid double taxation. If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is only going to be approximately three thousand doll...