rjs
Level 15
Level 15

Deductions & credits


@kvinci wrote:

The exclusion is different for myself and my husband (married filing jointly).  DO I add them up or enter twice?


This is the first time you have mentioned your husband. Everything up to now has been "I" and "my."


What do you mean by "The exclusion is different for myself and my husband"? What is different?


If your husband is a U.S. citizen and has foreign earned income, you have to enter the foreign earned income and the exclusion separately for each of you. You will have two Forms 2555, one for each of you. You can each exclude up to $126,500. I believe you can add them together for the foreign tax credit on Form 1116, provided that both incomes are the same category and from the same country.