alex24
New Member

Does Turbotax have a bug in foreign income calc? I qualified for an exclusion, in printed 1040 it is with '-' on line 21, but tax was calculated as for regular income.

More details from printed 1040:
- line 7 includes all income + foreign
- line 21 specified all foreign income with '-'  (entire income qualified)
- line 37(and 38) calculated properly  (foreign income substracted)
- on line 47 I see taxes as they were calculated  *with* the foreign income

P.S. on a second attempt I modified my foreign income to a nice number to easily calculate tax and to prove the previous statement - line 47 indeed includes the foregin income taxes.