Anonymous
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Get your taxes done using TurboTax

@Bo Ceder thank you for participating in our event.

You'll need to report all of your income, whether it was earned in the U.S. or abroad.

Here's how to enter your foreign income:

  1. Sign in to TurboTax and open or continue your return. 
  2. Search for foreign income.
  3. Select the Jump to link in the search results.
  4. Answer Yes to Did You Make Any Money Outside the United States? and follow the on-screen instructions.

After that, you will take a credit of taxes paid to the foreign country:

Both the credit and the deduction are entered in the same place. Here's what you do:

  1. Open (continue) your return in TurboTax
  2. Make sure you've already entered all your foreign income. If you still need to enter it, do that now.
  3. Select Search and search for foreign tax credit. Select the Jump to link in the search results
  4. When you reach the screen Do you want the deduction or the credit? Select the option you prefer for your situation
  5. If you select Take a credit
    • Select Continue on the next screen, then select No to fill out Form 1116
    • When you reach the screen Country Summary, select Add a Country
    • Answer the questions about your foreign income, taxes, and expenses on the following screens
    • When finished, you'll be taken back to the Country Summary screen. If you have income from other countries to enter, select Add a Country. Otherwise, select Done
    • Answer the questions on the following screens until you reach your Foreign Tax Credit Summary. If you’re finished with this section, select Done
  6. If you select Itemized Deduction: 
    • Enter your foreign taxes paid on the next screen. These should show up in the Deductions & Credits section of your tax return, under Other Deductible Expenses

Here are some helpful links:

Do I need to report foreign income? 

Where do I enter the foreign tax credit (Form 1116) or deduction?