U.S. taxpayers living and working abroad are eligible for an exclusion of their foreign earned income up to the prescribed amount (for 2014 this amount is $99,200) and an exclusion based on their foreign housing expenses. Use this form to figure the foreign earned income (the income earned in the Netherlands through active duty) which is allowed to be excluded and your maximum exclusion amount. Note that the exclusion is not allowed against i.e., investment income, social security benefits, and pension or severance payments.
OnestopTaxPrep has over 18 years of specialization in providing combined Dutch and U.S. tax preparation and consulting services. This specialization has assisted U.S. nationals living and / or working in The Netherlands and Dutch nationals living in the U.S.A.