topic Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction. in Deductions & credits

Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

eathandrail — Mon, 06 Apr 2020 01:57:33 GMT

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

pk — Mon, 06 Apr 2020 02:21:15 GMT

@eathandrail , so assuming that this is foreign earned income ( i.e. wages for a local entity or self-employment income ), you do not need a W-2. Just use the details from your income statement -- tell TurboTax that this is foreign earned income ( you do not enter this under "Wages" or" W-2 " -- under personal income tab, select I" I will work on ...." this will then show you a new screen with all the income categories-- near the bottom under "other miscellaneous income... " you will find "foreign earned income and exclusions" ). TurboTax will then guide you through the process. If you need more help, please feel welcome

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

eathandrail — Mon, 06 Apr 2020 02:43:05 GMT

Okay, I'm not sure which option to choose from.

What Form(s) Was Foreign Income Reported On?

A statement from my foreign employer (could be cash)?

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

pk — Mon, 06 Apr 2020 02:46:48 GMT

@eathandrail based on the question that you see answer "a statement" -- that should work.

Is this what you meant ?

you can answer --I will be for a little while and so can respond rtight away.

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

eathandrail — Mon, 06 Apr 2020 02:48:59 GMT

Thank you! Also, I've also already paid taxes on my income from NZ. How do I state this as to not get taxed twice?

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

pk — Mon, 06 Apr 2020 02:57:01 GMT

@eathandrail once you enter the foreign earned income then TurboTax will walk you through the next bit to see if you qualify to exclude this ( or how much of it ) form US taxes -- form 2555. General rule is you need to meet Physical Presence test ( i.e. in a test period of 12 months you must have been abroad in foreign country or countries for at least 330 days). That is how you would avoid double taxation

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

eathandrail — Mon, 06 Apr 2020 03:05:05 GMT

Thank you for your help!

Re: Hello, I was wondering how I state my foreign income from New Zealand. They don't give W-2s or a tax form. I just have a letter with my total income and tax deduction.

pk — Mon, 06 Apr 2020 03:10:29 GMT

@eathandrail glad to help