Tag: 'foreign income'
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From TurboTax
Do I need to report foreign income?
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From the community
I lived, worked, and paid taxes overseas for 2016. Can the foreign earned income exclusion (form 2555) be used for state (Michigan) and local (Lansing) income taxes?
I worked overseas as a teacher for all of 2016 and am claiming the foreign earned income exclusion for the...
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From the community
My father excluded his Foreign Income tax for California tax from 2013 to 2017, he received a notice saying he owed $2k/year, is there a way to protest/exclude this?
My father is a current resident in California. He has filed taxes in the US since 2007. For the years 2013...
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From the community
Should I check the 'FATCA filing requirement' checkbox if I am adding a 1099-INT for interest earned on a foreign bank account?
I have more than $10,000 worth of deposits& interests but less than $50,000 in my foreign accounts in...
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From the community
Forgot to report foreign bank interest
Hi * I have been in the US since 2008 and on a H1b since 2010. I got married in Nov 2015 and my wife...
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From the community
Can I amend 2015 tax return to get child tax credit, additional child tax credit, and maybe earned income credit instead of foreign income exclusion?Laid off January 2015
Foreign income for January was $6,875. Total income $21,000 for a family of 4
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From the community
Reduction in foreign taxes for married filing jointly
Appears Turbo Tax does not do a great job in calculating your foreign tax credit. Here is my scenario. My...
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From the community
Question about foreign income exclusion while being laid off during the employment
I worked in a foreign country with all the elements needed for Bona Fide test, incl. a contract with no...
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From the community
Where do I report foreign income from real estate that is coming through German pass-through entity and more...
Hi everyone, my previously more-or-less straightforward tax return (W2, self-employed wife) suddenly became...
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From the community
Does TurboTax automatically reduce the amount of foreign tax paid (on form 1116) proportional to the amount of foreign income excluded on form 2555?
When you take the foreign earned income exclusion (form 2555) and the foreign tax credit (form 1666), you...