Thanks @DaveF1006, but that doesn't at all address the issue I documented here.
Perhaps I can try to be more succinct:
- During entry of Business Income, TurboTax provides no information whatsoever on the proper way to enter income from a foreign company. If one earned that income while in the U.S., it isn't eligible for the Foreign Earned Income Exemption, so it doesn't go in the "Less Common" Foreign Earned Income section, but TurboTax doesn't inform the user of that fact.
- In fact, if one mistakenly selects the Foreign Earned Income option, the program instructs:
- "If you earned income from outside the U.S. , you're required to enter it here. That is an incorrect statement. It should say while living and working in a foreign country, not from a foreign country.
- And in the Foreign Tax Credit Worksheet that you reference, TurboTax improperly emphasizes investment income, de-emphasizing earned income by stating it "may also qualify for a credit."
TurboTax is supposed to help users file correctly and more easily. In regard to income earned from a foreign source, it does not.
