sjrcpa
Level 15
06-24-2021
12:05 PM
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@BobKamman Yes that is correct. I didn't read closely enough the first time.
@M_J Amend the return. On the 2555 only the foreign earned income is excludable, not the amount earned in the US. In Screen 31 Foreign Wages there is input to distinguish foreign wages and wages earned in the US. FYI-This is an exclusion from taxable income, not a tax credit.
In Screen 45 you can Adjust [A] nonfarm SE income for the wages subject to SE tax.
The more I know the more I don’t know.