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Abroad (S. Korea) Freelance/Self Employment Income Exclusion (or Foreign Tax Credit)
Hi. I have worked in S. Korea for a few years (as an employee) and qualified for the Foreign Earned Income Exclusion for those years. I am contemplating doing some freelance tutoring in the future as my visa allows it now but I assume that freelance/self-employment work CANNOT use the FEIE, right? I know there is another exclusion but I don't know well about it (Foreign Tax Credit I think?)
Do I have to pay social security/medicare (FICA, whatever) and normal US income tax if I work in South Korea (ROK) with self-employed income paying taxes on it in South Korea or is there a tax credit or exemption similar to how I excluded my earned-income w/ FEIE in previous years?
If I'm going to get double taxed, it's not worth it and I won't do it. I assume I won't be since many expats do it. Thank you.