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Get your taxes done using TurboTax
ah yea -- I now remember about housing ( in my time of foreign assignment this was called COLA by ) expenses -- the employer includes all of it -- paid / incurred by the employer and you include in your income the offset from the baseline ( it was Washington DC )--- and this is what you can exclude . so if I take the whole 242 K as you gross shown an d then exclude the foreign earned income exclusion amount -- as I had done before , and then take an additional 70K 0t housing ( assuming that is diff between baseline and actual amount, then yes your tax may go down quite a bit more than the 38K that I computed earlier. So Turbo may be correct at 19K but it looks too low to me. The methodology is the same as describedabove-- I just cannot try out with a real program because I am out of the country
‎June 4, 2019
6:57 PM