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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
- 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.
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‎June 6, 2019
12:20 PM