Form 2555: The maximum foreign earned income exclusion is adjusted annually for inflation. For 2015, the maximum exclusion has increased to $100,800. You need to file an income tax return to claim the exclusion.
Currency Exchange Rates:
Year-End: The Treasury Department's 2015 year-end exchange rate for Form 8938 and the FBAR (FinCEN Form 114) is USD 1 = EUR 0.9190.
Even though no one currently is being drafted in the United States, men are required to register with the Selective Service as soon as they reach age 18. Failure to register, or otherwise comply with the Military Selective Service Act is, upon conviction, punishable by a fine of up to USD 250,000, imprisonment for up to five years or both. All male United States citizens, regardless of where they live, must register during the thirty days before and after their 18th birthday. It is possible to register online by visiting the Selective Service Website and clicking on their online registration form. With few exceptions, male green card holders and aliens residing in the United States must also register. The registrant will receive an acknowledgment of registration that may need to be produced to receive certain benefits. The registrant also is required to notify the Selective Service if he moves or changes his name.
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