Entering Foreign Housing Exclusion into TurboTax: Open your return. Search for foreign housing exclusion in the search box (upper-right corner). Click on Jump to foreign housing exclusion. Proceed through the interview questions.

Question

Where can I input Foreign Housing DEDUCTION since I was laid off overseas and still pay rent overseas in 2021?

Forum|Forum|4 years ago
January 13, 2022
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TurboTax Premier Online

T

TomK2023

Entering Foreign Housing Exclusion into TurboTax:

Open your return.
Search for foreign housing exclusion in the search box (upper-right corner).
Click on Jump to foreign housing exclusion.
Proceed through the interview questions.

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B

bodhi24Author

The Interview Questions do not offer guidance for deduction vs exclusion

T

ThomasM125

The foreign housing deduction and exclusion are the same thing, but one applies to employer-provided compensation like wages (the exclusion) and the other applies to self-employment earnings (the deduction.) So, your choice of exclusion versus deduction is dependent on the type of income you report.

When you go through the foreign earned income section in TurboTax, you are asked to enter your foreign housing expenses in addition to your foreign earned income, and the program calculates your maximum foreign earned income exclusion based on those entries.

Here is more on the subject: Foreign earned income exclusion or deduction

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