Hello and thank you for the quick response.
I have sorted out the FEIE issue with a turbo tax expert. My taxable income is now 0$ as it should be. This means I am actually not paying taxes on the bank interest or the dividends/capital gains because that income is well below the standard deduction -- the earned income is all deducted via the FEIE.
Now, should I even claim the FTC for the passive income? It's my understanding that the FTC can only offset "earned income" and since this is 0$ for the US, I wouldn't get a tax credit anyway?
Or, if I work through the FTC -- for only the passive income -- could I get a credit to reduce the amount I owe for self-employment tax?
