@SusanY1
Living abroad for 14 years. Always filed taking only FEIE and no foreign tax credit even though tax rate is higher than in the US. The reason was my total income was less than FEIE limit+standard deduction and I did not have to pay any US taxes. This year, this may not be the case and I may have to pay US taxes if I follow the old approach. I want to still keep FEIE as in the next 3 years I will retire and my income will fall below FEIE limit. At that time, using FEIE+ standard deduction (as i have no other us income), I can start moving money from IRA to Roth IRA and keep my foreign income covered through FEIE without incurring tax.
How do I claim FEIE up to the limit and FTC (for the excess ) in Turbo tax? It shows Standard deduction is right for you if I choose FEIE. How do I force it to also allow me to add FTC?
Thank you
