- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@Taxsmith , agreeing with your position that excluded income should not affect the tax computation. However the realities are different ---in the forms mode select the tax computation worksheet and you will see that the calculation actually uses the world income without regard to exclusion to compute the tax and then from it subtracts the taxes due to / allocated to excluded Foreign income. Personally I disagree with this allocation method but it is blessed by the IRS and therefore .....
Is there more I can do for you ?
‎April 15, 2023
8:50 PM