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I am retire and does not live in US during the year 2018. Do I still have to pay for the federal capital gains tax?
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June 4, 2019
9:23 PM
last updated
June 04, 2019
9:23 PM
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I am retire and does not live in US during the year 2018. Do I still have to pay for the federal capital gains tax?
Yes, if you're a U.S. citizen or resident. You'll need to report all of your income, whether it was earned in the U.S. or abroad.
Here's how to enter your foreign income:
- Sign in to TurboTax and select Take me to my return.
- Click and search for foreign income.
- Click the Jump to link in the search results.
- Answer Yes to Did you Make any Money Outside the U.S.? and follow the on-screen instructions.
If you lived and worked in a foreign country, you might qualify for the foreign income exclusion. We'll ask questions to see if you quality after you've entered your foreign income.
June 4, 2019
9:23 PM
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