Yes, if you're a U.S. citizen or resident. You'll need to report all of your income, whether it was earned in the U.S. or abroad.
Here's how to enter your foreign income:
- Sign in to TurboTax and open or continue your return.
- Search for foreign income.
- Select the Jump to link in the search results.
- Answer Yes to Did You Make Any Money Outside the United States? and follow the on-screen instructions.
If you lived and worked in a foreign country, you might qualify for the foreign income exclusion. We'll ask questions to see if you qualify after you've entered your foreign income.
To enter foreign taxes paid, please follow these steps:
- Click on Federal Taxes > Deductions & Credits [In TT Home & Biz: Personal > Deductions & Credits > I'll choose what I work on].
- Scroll down to the Estimates and Other Taxes Paid section.
- Click on the box next to Foreign Taxes. (Screenshot #4)
- On the Foreign Tax Credit screen, click on the Yes box.
- Enter the information requested on the screens.
