pk
Level 15
Level 15

Get your taxes done using TurboTax

@Jonna21 , as an expat, you have multiple options to ameliorate the effects of double taxation:

 

(a) Exclude your foreign earned/self-employed  income to the yearly maximum from US taxes  --- FEIE.  This is done under Foreign Income Exclusion --- under personal income, go down to near the botttom of the drop down-list of incomes.  Note that self-employed income  you need to fill out a schedule-C and make sure that is the income that is reflected as your foreign income.

(b)   Foreign Taxes on any excluded  income  (or if you choose to not exclude income), is eligible for  foreign tax credit on form 1116 --- this is done under Deductions & Credits

(c) Foreign taxes  can also be deducted if you  choose itemized deduction  ( SALT limit of US$10,000 applies ) -- also under Deduction and Credits.

Note that if you are not participating in US Social Security & Medicare , you need a certificate of participation from Swedish Equivalent  and send to the IRS for forwarding to SSA.

 

Given the above , how can I help you ?