The U.S. IRS has issued Notice 2026-25, which provides the adjustments to the limitation on housing expenses for purposes of section 911 of the Internal Revenue Code for 2026. Section 911 allows a qualified individual to elect to exclude from gross income the foreign earned income and to exclude or deduct the housing cost amount of such an individual. The housing cost amount is generally the total of the housing expenses for the taxable year, minus a base housing amount. The base housing amo…