DanaB27
Expert Alumni

Deductions & credits

Yes, that is correct the Foreign Earned Income Exclusion doesn't apply to Interests / Dividends / Investment income.

 

Yes, you will enter these under the regular Interests / Dividends / Investment income section:

  1. Click "Federal Taxes" on the top and select "Wages & Income"
  2. Click "I'll choose what to work on"
  3. Scroll down to "Interest and Dividends" or "Investment Income"

 

You might be able to claim the Foreign Tax Credit if you paid any foreign taxes on this investment income. Please see Where do I enter the foreign tax credit (Form 1116) or deduction? and Claiming the Foreign Tax Credit with Form 1116 for additional information.

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