pk
Level 15
Level 15

Get your taxes done using TurboTax

@shanesnh ,  so you are saying that you a US person ( citizen / GreenCard) , living in Korea ( Tax home ) received/ receiving Unemployment benefits .  The question is how to report this :

 

For US tax purposes:

 

(a) unemployment compensation is reported as additional income  ( without a 1099-G ) and shows up on Schedule 1, line 7 " unemployment  compensation"   Tell TurboTax you have un-employment compensation  but no 1099_G.

(b) the next question becomes  " Can this income be excluded as  part of  Foreign Earned Income Exclusion ?   Here we hit some trouble  since  Section  911  does not include this  income as "active" nor "other compensation  and/or housing expenses etc.  Thus my opinion is that  you cannot exclude this income under Foreign Earned Income Exclusion.     US/ Korea tax treaty is not clear about whom  can tax this income but under US laws this taxable income for US.

(c) If Korea taxes this income then your only option is to consider this as "general category income" for purposes of form 1116.

 

Does this make sense ?    Is there more I can do for you ?

 

However

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