Solved: Do I need to report earnings of less than $7,000 earned in a foreign country, Sweden?
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Do I need to report earnings of less than $7,000 earned in a foreign country, Sweden?

 
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Level 15

Do I need to report earnings of less than $7,000 earned in a foreign country, Sweden?

As a US citizen or permanent US resident all worldwide income is to be reported each year on a US federal tax return.

To enter Foreign Earned Income -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Less Common Income
  • On Foreign Earned Income and Exclusion, click on the start or update button

Or enter 2555, foreign income in the Search/Find box located in the upper right of the program screen.  Click on Jump to 2555, foreign income

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Level 15

Do I need to report earnings of less than $7,000 earned in a foreign country, Sweden?

As a US citizen or permanent US resident all worldwide income is to be reported each year on a US federal tax return.

To enter Foreign Earned Income -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Less Common Income
  • On Foreign Earned Income and Exclusion, click on the start or update button

Or enter 2555, foreign income in the Search/Find box located in the upper right of the program screen.  Click on Jump to 2555, foreign income

View solution in original post

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