Total FEI Dedns

Forum|Forum|1 year ago
June 16, 2025
12 replies
112 views

I am filing my taxes and keep getting an error for total FEI Dedns....I have filled everything out correctly, why isn't this field populating? I see that others have had this problem in the past and when they manually enter the info- all of their credit is wiped out.

rjs

Level 15

What is the complete exact error message that you are getting, word for word?

What is the field that is not populating - what form and what line number? (There is nothing in a federal tax return called "FEI Dedns.")

Where in TurboTax are you getting the error?

kvinciAuthor

Level 2

I get the error when the federal check runs. It pulls up the foreign tax credit computation sheet and item 12 has red boxes that need to be filled in.

pk_

Level 15

@kvinci while I recognize your frustration with the issue, your post gives me little to go on and/or why TurboTax is misbehaving. So please could you tell me more :

(a) Are you a US person ( citizen/ GreenCard) ?

(b) Is your tax home foreign ? Which country?

(d) If this is your first year claiming FEIE, when did you start your foreign tax home ? What test period for form 2555 are you using --- i.e. the start date and the end date for the 12 month continuous test period bracketing your foreign earnings for tax year 2024?

I will circle back once I hear from you --yes ?

kvinciAuthor

Level 2

thank you! I am filing US taxes but have foreign earned income in Italy (Italy resident for entire tax year). I am a US citizen and an Italian citizen. It is the first time I am claiming Foreign Earned Income Exclusion. I used June 6, 2023 as the start date. Thank you!

pk_

Level 15

@kvinci , thank you for your response

1. TurboTax will ask for a few different dates --- for form 2555 it will ask for

(a) start of the test window -- in your particular case and based on your response -- 01/01/2024

(b) end of the test window -- in your case 12/31/2024

2. By including the full 2024 as the test period, it will include all your foreign earnings eligible for exclusion.

3. Note that your passive earnings (-- i.e. rental income ) is not part of the Foreign Earned Income Exclusion. For this passive income, you have to fill out a schedule-E for US purposes ( i.e. Tell TurboTax that you have rental income under business income tab, recognize the gross rental income, deduct allowable expenses , etc. include depreciation etc. per US rules), and then , if and only if Italy taxed this income, you have to fill out a form 1116 ( passive income category ) for redressing the double taxation by both Italy and US on the same income.

If you need more help on this ( FEIE ) or the rental income, please consider adding to this thread or PM me and I will happy to walk you through the preparation of a correct return.

Is there more I can do for you ?