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If you are a US citizen or resident, stay overseas from March to September 2017, and you pay taxes on the foreign income to both US and Vietnam, you are allowed to claim a foreign tax credit on Form 1116. In the program, you would first enter it as a foreign income and then the foreign tax credit.
To enter foreign income in TurboTax online edition:
1. After sign into your account, select Take me to my return
2. At the right upper corner, in the search box , type in foreign income and Enter
3. Select Jump to foreign income
4. Next screen, Did You Make Any Money Outside the United States? answer Yes
5. On screen, What Form(s) Was Foreign Income Reported On ? make your selection to continue
To enter foreign tax credit,
1. After sign into your account, select Take me to my return
2. At the right upper corner, in the search box, type in foreign tax credit and Enter
3. Select the 1st choice on the search results - Jump to foreign tax credit
4. Start with screen Foreign Taxes and select Continue to follow prompts.
If you are a US citizen or resident, stay overseas from March to September 2017, and you pay taxes on the foreign income to both US and Vietnam, you are allowed to claim a foreign tax credit on Form 1116. In the program, you would first enter it as a foreign income and then the foreign tax credit.
To enter foreign income in TurboTax online edition:
1. After sign into your account, select Take me to my return
2. At the right upper corner, in the search box , type in foreign income and Enter
3. Select Jump to foreign income
4. Next screen, Did You Make Any Money Outside the United States? answer Yes
5. On screen, What Form(s) Was Foreign Income Reported On ? make your selection to continue
To enter foreign tax credit,
1. After sign into your account, select Take me to my return
2. At the right upper corner, in the search box, type in foreign tax credit and Enter
3. Select the 1st choice on the search results - Jump to foreign tax credit
4. Start with screen Foreign Taxes and select Continue to follow prompts.
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