Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Feb 5, 2020 11:19:27 PM

Can you please let me know how to get the Foreign Tax credit and Foreign Earned Income Exclusion on the 1099-MISC self-employment wage? I should not be paying taxes

0 1 334
1 Replies
Level 15
Feb 8, 2020 7:26:25 PM

@jhonnyconv , you need to answer the following first , please :

(a) are you US citizen/ Resident ( Green Card );  (b) Is your tax home abroad i.e. can you pass the Physical Presence Test; (c) Are you being paid by a US govt.  department;  (d) Is the income from sole proprietor business / self-employment from local entity or is the payment from an US entity?; (e) are you being taxed by the foreign tax administration as Income tax or similar ?

 

To be able to be eligible for  foreign tax credit or foreign earned income exclusion  you would need to satisfy a number of these requirements .  Please answer and I will come back  and close the loop with you