You'll need to sign in or create an account to connect with an expert.
Yes, you will need to file a US tax return, but you should be eligible to exclude your foreign earned income.
For more information, follow these links:
I can't figure out how I'm eligible to exclude foreign income. Basically if you aren't in the US for 300 something days?
This IRS reference should answer your question: https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion-what-is-fore...
So I’ve been abroad for almost 2 years now and all my income is foreign income (contract pay from a Chinese company). This can be ‘excluded foreign income’ or exempt or whatever?
@mtlucero5 the above answer ( that you can use Foreign Earned Income Exclusion ) assumes (a) you are a US citizen / Resident ( Green Card ) and (b) that you meet the Physical Presence Test ( absent from US for at least 330 days in a continuous 12 month test period). Also you can claim foreign tax credit on income taxes paid on not excluded income that has been taxed by a foreign taxing authority. As a US citizen/Resident you have to file a federal return as long as your world income ( before foreign earned income exclusion ) is equal or above the filing threshold for your filing status.
Does this answer your query or do you need more clarification ( in that case please provide your dates of foreign stay, your employer { US or foreign entity}, other benefits provided by the employer, was your family with you etc. etc. )
@bahamilton do you still need help -- please read my post first ?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
3f32ca3a9063
New Member
Deval3
New Member
flowmoney21
New Member
4739a404cfe2
New Member
ohiogirl-cinci-r
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.