- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You wrote:
> Line 1h is the correct line to report your foreign income on your 1040. I am not sure what those other values you mentioned are pertaining to.
Having just read the IRS instructions, I don't think is true. In my case, I have self-employment income earned outside the US which appears on Schedule 1 (Business income or loss) which does appear on line 8, Other income. So TurboTax counts the income twice, on 1h and on line 8. Schedule 1 is right, Schedule C is good, Schedule SE is good, and, Form 2555 is good. The only problem is double counting on the 1040 on line 1h and line 8. That certainly is not right and looks like a bug.
I have tried every way under the sun to jig the system and I am losing my mind.
‎April 20, 2023
10:48 AM