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Deductions & credits
I am facing the same problem. I have a foreign earned income of $30000 from salary in Foreign country. I meet the Physical presence test and Turbo tax says I qualify for the Foreign Income earned exclusion. However after putting the amount my tax liability has increased by $3000.. I do not know the reason as ideally the entire amount should have been excluded?
‎February 15, 2023
3:00 PM