Taxsmith
Level 2
Member profile
- Replies
- Posts
-
@pk,I found the tax computation in the Schedule D Tax Worksheet; is that the one you meant? That explains it, so thank you! That entire calculation is so convol...
-
@pk, as I mentioned, all of the foreign earned income qualifies for exclusion. I have been 100% abroad (Iceland) since 2019 and am still abroad. The foreign inc...
-
@rjs, thank you. Will I owe interest or penalties on the amount I have to pay back?
-
I manually entered the amount (without having to use Override) on Form K1, section C, column (h). Now it flows through to Schedule E. Now the sun is shining and...
-
Okay, I entered the interest expense on Line 11 (code I - Other income (loss)) of the K-1. This generated the K1P Additional Info form. I then deleted all the e...
Activity Feed for Taxsmith
- Got Cheered for Re: Foreign earned income increases tax due even after exclusion!. May 4, 2024 12:06 AM
- Got Cheered for Re: Foreign earned income increases tax due even after exclusion!. May 4, 2024 12:06 AM
- Posted Re: Foreign earned income increases tax due even after exclusion! on Get your taxes done using TurboTax. April 16, 2023 8:16 AM
- Posted Re: Foreign earned income increases tax due even after exclusion! on Get your taxes done using TurboTax. April 15, 2023 4:05 PM
- Posted Foreign earned income increases tax due even after exclusion! on Get your taxes done using TurboTax. April 15, 2023 2:53 PM
- Posted Re: Need to file amended return for 2020 on After you file. June 14, 2021 2:20 PM
- Posted Need to file amended return for 2020 on After you file. June 14, 2021 2:14 PM
- Posted Re: Form K1P Additional Info on Deductions & credits. June 9, 2021 4:31 PM
- Posted Re: Form K1P Additional Info on Deductions & credits. June 9, 2021 4:03 PM
- Posted Form K1P Additional Info on Deductions & credits. June 9, 2021 2:51 PM
- Posted Re: Foreign tax credit and FEIE on Deductions & credits. June 8, 2021 8:28 AM
- Posted Re: Foreign tax credit and FEIE on Deductions & credits. June 8, 2021 7:11 AM
- Posted Foreign tax credit and FEIE on Deductions & credits. June 8, 2021 6:55 AM
- Cheered Why is it so hard to find the "Ask a question" button??????? for rprastein. June 8, 2021 6:38 AM
- Cheered Re: Why is it so hard to find the "Ask a question" button??????? for rprastein. June 8, 2021 6:38 AM
- Posted Deductibility of bank capital loan on K-1 for former partners on Get your taxes done using TurboTax. April 5, 2020 4:50 AM