Does anybody know that the 95K exmption from US applied to individuals or family? In another words, if both husband and wife work, is the exmption 95k or 95K x 2?

thanks a lot.

I believe it is applied to working individuals.

95K * 2 if your spouse is working.

It's per working individual. If you're new to this make sure you will be passing all of the criteria before depending on getting the exemption. What I thought was a no-brainer didn't turn out to be.

What you are describing is an "earned income exclusion", not a blanket exemption; it does not apply to all income.

See here for an explanation or do a Google search for IRS publication 54.

You are right, nikovteim. It is “foreign earned income exclusion” for people live and work outside of the U.S.
Dancingsea, you must meet qualification tests, bona fide residence test and physical presence test, to claim the Foreign Earned Income Exclusion. Well, if your wife is working you will get the 95K x 2.
Tax Credit Financing