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Deductions & credits
Thanks for your info. Quick question what is the difference between
1. foreign earned income exclusion ($107,600 for 2020)
2. OR the foreign tax credit.
Is there a certain benefit between the two if foreign income is at a certain level. Fore example anything over 200,000 is best to use foreign tax credit. Thanks for the info
‎February 2, 2021
11:05 PM