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I'm a expat (US citizen) living/working abroad (and paying
Hello, I'm a expat (US citizen) living/working abroad (and paying income tax) in Finland. For the 2016 tax year, I did have US income from stock sale. I understand that I can use the Foreign Earned In… read more
Barbara
Barbara
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I have a client who is a US citizen living abroad in the
Hi I have a client who is a US citizen living abroad in the Philippines and earned 211000 in Philippines and out of the 211000 she received the foreign earned inc / housing exclusion of 97379. Do I ha… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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Are you required to use form 2555 if you have foreign source
are you required to use form 2555 if you have foreign source income. My situation is I would be better off paying the tax and being able to take advantage of EIC.… read more
Tax.appeal.168
Tax.appeal.168
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A) I would like to ask if it is possible to combine form
A) I would like to ask if it is possible to combine form 2555 and form 1116 on a return - although I did not reach the limit for the foreign earned income exclusion. The reason is I want to have some … read more
Barbara
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What is the maximum Foreign Housing Exclusion allowed in 2014
What is the maximum Foreign Housing Exclusion allowed in 2014 for a US ex***** *****ving in the Cayman Islands? Is there also a percentage amount of ones foreign earned income that also needs to be ta… read more
Lev
Lev
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30,472 satisfied customers
Robin, I work for a company as a field engineer. They pay
Robin, I work for a company as a field engineer. They pay a lodging and Meals per diem that they take taxes out of. I worked in Italy last year and qualify for the foreign earned income exclusion. I w… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Hi, My husband works oversea and had income of @150K last
Hi, My husband works oversea and had income of @150K last year. I work in US and live with my kids. In my case, should we use Form2555, or form 1116 or both? What is the general rules in choose which … read more
Lev
Lev
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Is there any restriction for a US Citizen claiming foreign
Is there any restriction for a US Citizen claiming foreign earned income exclusion for a deduction to IRA contribution. What other deductions are available?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Hi there, For Form 1116 line 1a, the instruction says not
Hi there, For Form 1116 line 1a, the instruction says not to include any earned income excluded on form 2555. Are they talking about both foreign earned income exclusion and housing exclusion? Or just… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,805 satisfied customers
I noticed on form 1116 foreign tax credit that the Standard
I noticed on form 1116 foreign tax credit that the Standard Deduction is on line 3a. But if we're taking the standard deduction, do we still fill out line 2 (expenses related to the income on line 1a … read more
Lev
Lev
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I will move to Malasya with an Expath assigment for 3 years,
I will move to Malasya with an Expath assigment for 3 years, what are the rules to pay taxes in USA, when I will be paying taxes in Malasya?… read more
Lev
Lev
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Bachelor's Degree Equivalent
30,472 satisfied customers
Hi there.. I am living in Switzerland (11 yrs.) and for 2010
Hi there.. I am living in Switzerland (11 yrs.) and for 2010 I recieved about 70% of gross in unemployment compensation... and this was taxed along with the other 30% as general income.. how do I fill… read more
Lev
Lev
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This is a question regarding the foreign income tax exclusion
This is a question regarding the foreign income tax exclusion for US citizens. Assuming full qualification under the various requirements: Is the foreign housing exclusion in addition to the foreign e… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
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I am an American. In 2008 I was working in London. My quest
I am an American. In 2008 I was working in London. My question is: If I take the foreign tax credit, can I take the foreign income exclusion and/or foreign housing exclusion as well. Thank you.… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
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I want to qualify for a new home purchase credit. In order
I want to qualify for a new home purchase credit. In order to do so, my modified adjusted gross income must be lower than it is. I withdrew $100,000 from a tax defferred program in order to have the m… read more
Merlo
Merlo
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In 2009 I worked for KBR in Iraq as a Army Contractor 1-Jan-09
In 2009 I worked for KBR in Iraq as a Army Contractor 1-Jan-09 to 15-May-09 then worked for 5 weeks in the states then worked for Fluor in Afghanistan from 16-Sept-09 to 31-Dec-09. I'm assuming that I… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Tax payer earned income of $500,000 overseas in ...
Tax payer earned income of $500,000 overseas in Switzerland. Paid taxes of $186,000 in Switzerland. He reports same income to US as a global tax payer. His ATM(alternative minimum tax) plus his regula… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,472 satisfied customers
My husband worked in Venesuzla last year but did not live ...
My husband worked in Venesuzla last year but did not live there. He paid taxes to the Venesuzlan government. I don''t know what form to use or if I need to use a separate form. What we got from the co… read more
RD
RD
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Master's Degree
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