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Deductions & credits
Thank you for the response but under the Business Section you can only enter in a 1099-MSC or K for income. The Foreign earned income exclusion section is in the Personal Income section which I have already done.
My problem is that I have entered my taxes in TT 3 different ways. Every time I enter in my wife's income in the Business section(1099-MISC or K), regardless of entering in the foreign exclusion first, it shows that I owe taxes. And not a little amount. I should not owe any taxes on her income as it is foreign, and the US has a tax relationship with her working country that she should not be taxed..
I am beginning to think if I should be entering her business in the system as it is not even US based? Should I just enter it in as Personal income in the Foreign earned income exclusion section?
How do I not get double taxed for foreign income???