Form 116 Foreign Tax Credit or Form 2555 Foreign Earned Income?

Form 116 Foreign Tax Credit or Form 2555 Foreign Earned Income?

If you have recently moved out of America and this is your first year filing a 1040 tax return with additional reporting of foreign income (i.e income earned outside of the USA or Non-W2 income). It’s very common to get confused to take your call on to use Foreign Earned Income Exclusion (FEIE) or Foreign …

Form 116 Foreign Tax Credit or Form 2555 Foreign Earned Income? Read More »