If youlived in the foreign country full time previous year or a minimum of 330 days out of 365 days of the year, you probably qualify to take the Foreign Earned Income Exclusion. It permits you to exclude up to $91,500 of your income for a year. Earned income counts as everything which you earned from the job during the year. It does not include income earned in other methods like rentals, dividends, interest earned, etc. In case you're married, & your spouse also works, you might double the amount of the exclusion on your expat taxes.