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Get your taxes done using TurboTax
In TurboTax you need to enter your foreign wages and then enter your foreign tax that you paid on these wages to help offset any double taxation.
You need to go to the foreign earned income section of TurboTax (enter "foreign income" (without the quotes) in the search box at the top of your screen and click the Jump to link). For your foreign wages, enter them here. Since you are not taking the foreign earned income exlcusion, after a number of screens you will see the following screen: Would you like to try and exclude your foreign earned income? Click No.
To report your foreign tax paid on your wages for foreign tax credit:
Enter foreign tax credit in the search box at the top of the page and click the Jump to link
Click 'Yes" you paid foreign taxes
Click through the screens regarding foreign interest and dividends
Click yes that you have reported all your foreign income already in TurboTax
Click that you want to take a credit
Answer question about the Simplified Limitation Election
Choose income type for wages- it will be General category income
Add XXX as the country
Enter description -XXX wages
Enter wage amount that you previously reported in TurboTax
Enter your taxes you paid on your foreign income in the box "Other income"
Continue through ALL the foreign tax credit screens until done.
You need to go to the foreign earned income section of TurboTax (enter "foreign income" (without the quotes) in the search box at the top of your screen and click the Jump to link). For your foreign wages, enter them here. Since you are not taking the foreign earned income exlcusion, after a number of screens you will see the following screen: Would you like to try and exclude your foreign earned income? Click No.
To report your foreign tax paid on your wages for foreign tax credit:
Enter foreign tax credit in the search box at the top of the page and click the Jump to link
Click 'Yes" you paid foreign taxes
Click through the screens regarding foreign interest and dividends
Click yes that you have reported all your foreign income already in TurboTax
Click that you want to take a credit
Answer question about the Simplified Limitation Election
Choose income type for wages- it will be General category income
Add XXX as the country
Enter description -XXX wages
Enter wage amount that you previously reported in TurboTax
Enter your taxes you paid on your foreign income in the box "Other income"
Continue through ALL the foreign tax credit screens until done.
‎June 1, 2019
2:37 PM