Should I both include "Foreign Earned Income and Exclusion" in the Income section & the "Foreign Tax Credit" in the Deductions section - or just one of them?
Should I both include "Foreign Earned Income and Exclusion" in the Income section & the "Foreign Tax Credit" in the Deductions section - or just one of them?
@ben-geisler , I am not sure I am clear on your post.
1. Foreign Earned Income and Exclusion is in the Personal Income section -- this covers the case where you have income that qualifies as Foreign Earned Income ( Foreign wages and/or self-employment) and exclusion thereof using form 2555 ( Physical Presence Test or Bonafide Residence Test ).
2. Under Deductions and Credits Tab/ section you have Foreign Tax Credit -- this deals with Foreign Tax credit only . This could be because of general category -- unexcluded foreign earned income, HTKO, Passive income, Certain income resourced by treaty etc. etc.
So I don't understand what you are trying to do --- do you have Foreign Earned income, Passive income or what ? Is your tax home foreign ?