I'm a resident alien living in Michigan and working remotely for a foreign company due to COVID.
I get paid in foreign currency to my foreign account. I have an SSN but do not have a bank account or work in US.
My spouse files a joint tax return and has already filed this years tax returns - not realising that foreign earned income should be reported.
So we are planning to file an amendment including the foreign earned income.
1. Can this be done right away or do we need to wait until next year to file an amendment for 2020?
2. I'm planning to claim a federal foreign income tax credit - showing the taxes already paid in the foreign country.
Do I have to do the same for state tax (Michigan)? If yes, can I file an amendment to report foreign income and claim foreign tax credit? - I see the foreign tax credit in Michigan is only limited to Canada.
Thanks!
