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Deductions & credits
If you do not want to claim the foreign earned income exclusion but only the foreign income tax credit, in the foreign earned income section, you would need to check the box that you do not want to exclude. See the steps below:
In TurboTax desktop,
- Sign in to your account, select Pick up where you left off
- At the right upper corner, in the search box, type in foreign income and Enter
- Select Jump to foreign income
- Follow prompts
- On-screen, Would You Like to Try and Exclude Your Foreign Earned Income? select No
- Next screen, Delete Confirmation, select Yes
- See the images below
Then you would enter your foreign tax credit information. Here are the steps:
- At the right upper corner, in the search box, type in "foreign tax credit" and Enter
- Select Jump to foreign tax credit
- Follow prompts
Lastly, just a friendly reminder that you cannot claim both the foreign earned income exclusion and a foreign tax credit on the same amount of foreign income. The IRS does not allow double-dip.
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‎February 16, 2020
12:48 PM