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New Member
posted Jun 4, 2019 5:33:29 PM

My turbotax is saying that I qualify for the foreign exemption on my income, which is all earned abroad and under the limit but I'm still showing a balance due. Why?

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1 Best answer
Level 9
Jun 4, 2019 5:33:30 PM

If you have Self-employment Income, you are still required to pay Self-employment tax on it, even if you do not pay regular income tax as a result of the foreign earned income exclusion.

1 Replies
Level 9
Jun 4, 2019 5:33:30 PM

If you have Self-employment Income, you are still required to pay Self-employment tax on it, even if you do not pay regular income tax as a result of the foreign earned income exclusion.