If you are a US citizen or resident who earned wages overseas, enter your wages as foreign income by following the steps from below. Yes, you do need to convert your foreign currency to US dollars. See https://www.oanda.com/currency/converter/
- After sign into your account, select Pick up where you left off
- At the right upper corner, in the search box, type in foreign income and Enter
- Select Jump to foreign income
- Next screen, Did You Make Any Money Outside the United States? answer Yes
- On-screen, What Form(s) Was Foreign Income Reported On ? make your selection and continue to proceed
If you live outside the United States for at least 330 days during 12 consecutive months, you might be able to exclude your foreign income from your taxes. For more information, see Foreign income and exclusion and Extension.
