If you paid taxes in Germany you may take a credit in the U.S. or you may take a deduction on Schedule A. Generally a credit is more advantageous. You use Form ...
Previous answers to this question claim you cannot claim the home office deduction on Schedule E because it is 'passive' income.This is incorrect.Courts have ru...
The IRS, via Form 1116, applies a portion of your deductions to your foreign income, and then uses the result to calculate what per cent of your taxable income ...
If you are referring to line 8 of Form 8829, it is not asking for the portion of income derived from the business use of the home; rather it is asking for the p...