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June 5, 2019
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My turbotax is saying that I qualify for the foreign exemption on my income, which is all earned abroad and under the limit but I'm still showing a balance due. Why?

  • June 5, 2019
  • 1 reply
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Best answer by Zbucklyo

If you have Self-employment Income, you are still required to pay Self-employment tax on it, even if you do not pay regular income tax as a result of the foreign earned income exclusion.

1 reply

ZbucklyoAnswer
Employee
June 5, 2019

If you have Self-employment Income, you are still required to pay Self-employment tax on it, even if you do not pay regular income tax as a result of the foreign earned income exclusion.