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Get your taxes done using TurboTax
No, you cannot claim both, you can only claim one or the other.
Yes, the maximum amount is $108,700, however, since you were not in India for the full year, the amount you can exclude is prorated. You would have had to be in India from Jan 1-Dec 31 in order to exclude the entire amount.
Say you entered India on May 1. You would have been a resident of India for 245 days. This means your exclusion is limited $72,963 (245/365 *108,700)
So if you earned $101,000, you would only be able to exclude $72,963.
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March 8, 2022
6:42 AM