- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
About entering it twice, after I am done with schedule c business expenses, you would also have to enter it for foreign earned income exclusion. Here, it says to enter Gross Profit. 1) Would this be what the schedule C refer to as Income? 2) It also asks for deductions to be entered just like you entered in schedule C. My questions is do I have to enter exactly all items of business expenses that I have gone through in schedule C to the deductions field in the foreign earned income exclusion? I think that would be a lot of repetition work. Can you advise on this?
May 30, 2023
7:23 PM