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Negative taxable income
Hello!
I am self-employed and because I live and work overseas (thus qualifying for the foreign earned income exclusion), I am expecting to have a negative taxable income. What are some strategies I could use to improve the situation? (i.e., move deductions to credits?)
I’ve already maxed out my business expenses to limit the SE tax. Thank you!
November 13, 2024
3:37 PM