When asked to enter my foreign earned income on which I pay foreign taxes, should I enter gross or net foreign earned income?

Forum|Forum|7 years ago
June 7, 2019
2 replies
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MargaretL

Level 12

Gross foreign earned income is entered (before taxes) for the foreign earned income exclusion. Then, please be sure to go to Deductions & Credits>Estimates and other Taxes Paid>Foreign Taxes and enter the taxes that you paid on the foreign income to claim foreign tax credit.

KarenJ2

Level 13

Gross foreign earned income is entered (before taxes) for the foreign earned income exclusion, unless you have self-employment income, then you would enter your net self-employment income after expenses.

Then, please be sure to go to Deductions & Credits>Estimates and other Taxes Paid>Foreign

Taxes and enter the taxes that you paid on the foreign income to claim foreign tax credit.

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Matpel

Level 2

Thanks for your answers. I have an extra question : I'm based in France, and I'm not very clear on what is the IRS taxable revenu definition (what we have to declare in Form 1040 as "wages and salaries").

- Is it my French Incomes before social contribution, and before Income tax (in France we call it "Salaire Brut").

- or my French Incomes after social contribution, and before Income tax (called "Salaire Net").

In France, the taxable revenu is our Incomes after social contribution.