None - please see my previous question and answer from you colleague. I am just trying to minimize my exposure to the last six months of 2019 since I was out of the country for 40 percent of that time in addition to 100% of the first 6 months. Therefore, I was out of the country for 70% of the year.
You'll need to sign in or create an account to connect with an expert.
Cannot see your earlier post on the subject.
Assuming you are US citizen/resident( Green Card), for you to exclude foreign earned income, you need to qualify under physical presence test ( a continuous 12 month period in which you were away for at least 330 days ). Your post does not meet that requirement.
The second path is to avoid double taxation by claiming tax credit/deduction for foreign taxes paid. As I understand Saudi Arabia has no income tax. There is also no US-Saudi Arabia tax treaty
So you have to pay US taxes on this foreign earnings.
Cannot see your earlier post on the subject.
Assuming you are US citizen/resident( Green Card), for you to exclude foreign earned income, you need to qualify under physical presence test ( a continuous 12 month period in which you were away for at least 330 days ). Your post does not meet that requirement.
The second path is to avoid double taxation by claiming tax credit/deduction for foreign taxes paid. As I understand Saudi Arabia has no income tax. There is also no US-Saudi Arabia tax treaty
So you have to pay US taxes on this foreign earnings.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Dayvontae
New Member
mbuch2020
New Member
apatrick9
New Member
rsmith160
New Member
olafblui
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.