turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tanya23
New Member

"Enter Your Foreign Earned Wages", is it brutto income , before taxation or Netto after

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MargaretL
Expert Alumni

"Enter Your Foreign Earned Wages", is it brutto income , before taxation or Netto after

Please enter brutto income (also called gross income) when reporting foreign income. If you paid any foreign tax, you may qualify for a foreign tax credit on income that is not excluded due to foreign earned income exclusion.

To enter worldwide/foreign income in Turbo Tax:

  1. Federal Taxes
  2. Select Wages and Income 
  3. Scroll down to Less Common Income
  4. Select Foreign Income and Exclusion - Answer “Yes” to “Did you make any money outside the United States?” and follow the interview questions. You will be asked to enter income from a U.S company, a foreign company, self-employment income, housing allowance, income from a Form W-2, 1099-MISC, schedule K-1 from a business or simply cash income - check the box A statement from my foreign employer (could be cash).

Once foreign income is entered, please follow Foreign Tax Credit data entry:

  1. Federal Taxes
  2. Deductions & Credits
  3. Scroll down to Estimates and Other Taxes Paid, select Foreign Taxes

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question