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

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

Munck77
New Member

Foreign income increases my federal tax due

We are trying to file our taxes and due to our 4 months of foreign income, it appears that we owe almost $3000 in federal taxes. I don't understand why since the foreign income amount is exempt from taxes.

We worked 4 month abroad and the rest of the year in the US.

Connect with an expert
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
SusanY1
Expert Alumni

Foreign income increases my federal tax due

Foreign earned income is not exempt from federal taxes.  However, credits may be taken for taxes paid to the other country, if applicable.  

 

If you paid taxes to the country where the income was earned, you can take a credit for these in the section for foreign tax credits under Deductions & Credits then Estimates and Other Taxes Paid and finally Foreign Taxes. 


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies