zhijiexia
Returning Member

Get your taxes done using TurboTax

I think I found the problem from the capital gain tax worksheet.  

In line 1 b, the sheet asks for the foreign income, which shouldn't be counted if the income meet the exclusion rule and is excluded.  The current TurboTax treat the excluded foreign income the same way as the one which doesn't meet the exclusion rule and is not excluded, which makes the tax much higher.

In my opinion, the foreign income should have been counted in 1040 line 8 (other income) and shouldn't need to be counted again in the capital gain tax worksheet.  

Any way to change or override the values in the worksheet?

I have attached the screen for reference.1040-a.pngCapital gain tax worksheet.png