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Deductions & credits
TurboTax does give you the option to opt-out of the foreign earned income exclusion (FEIE) and instead claim a foreign tax credit or deduction.
FEIE and the credit are in two separate sections.
To claim a foreign tax credit or deduction, first tell TurboTax that you do NOT want to claim the FEIE in Foreign Income.
After you opt-out of FEIE:
- Type "foreign tax credit" in Search in the upper right
- Select "Jump to foreign tax credit"
- Select Continue on Foreign taxes
- Select None of these apply on Tell Us About Your Foreign Taxes
- Select Continue on Foreign Taxes
- Select Take a Credit on Do You Want the Deduction or the Credit?
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‎February 27, 2022
5:10 AM