RobertB4444
Expert Alumni

Get your taxes done using TurboTax

When you enter the income with a negative it cancels out the income, resulting in zero taxable income.  Because it is not taxable you can not get a credit for the foreign taxes paid on that income nor can it count as foreign earned income.  So it should not appear on form 1116.

 

@Wangwq2006 

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