pk
Level 15
Level 15

Get your taxes done using TurboTax

@tdo061803 , I am not sure  I understand the situation --

(a) are you US citizen/ Resident ( Green Card ) living abroad?  Which country? 

(b) Are you a citizen of a different country ( than USA) if you are a Green Card holder?

(c) your erstwhile primary residence  is in which country -- USA or elsewhere and if so which country ?

 

While you clarify the above, I will assume you are US citizen/Green Card holder  living and working  abroad.  And that your home being  "rented out" is in the USA.

In that specific case  ONLY your active income and/or self-employment income earned/ worked abroad are eligible for foreign earned income exclusion.  Thus your "passive" income from rental is not eligible for exclusion.  If the foreign country is taxing you on this passive income  then  you can either use deduction  ( Itemized deduction, Schedule-A, taxes paid  -- SALT limits apply ) or use foreign tax credit ( form 1116 ) . Note that the safe harbor rules apply to this passive income taxed by both countries.  TurboTax will do all of this for you  ( you just have fill out the  foreign taxes paid and the amount of taxes involved  )

 

For foreign tax credit, the tax amount either has to paid/finalized  or levied -- just  if the  amount paid is not finalized, then you may have to go back and amend the US tax filing to  reconcile the difference.

 

Does this help ?