- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Here are the steps to enter into the information in TurboTax Online to generate the forms you need to report your foreign earned income:
First, make sure you report your foreign address in My Info
Enter your income in the appropriate categories including W2 wages, which can report income from foreign based companies
Make sure you click this income was earned outside the US
You will also report interest, dividends and other types of income earned abroad.
Then go to the Foreign Earned Income Exclusion, Turbotax will ask you
Was Your Foreign Income Reported on a W-2, Ready?
Click on No, I'll keep working on the foreign income exclusion.
Two pages later, it will ask you to confirm the amount of foreign wages on your W-2.
For more information on the tax issues for US expats, follow this link: Taxpayers Living Abroad
*answer sourced with information for coworker Karen