ktmcpa
Level 1
05-03-2020
03:00 PM
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Appreciate your response.
I understand it should be on Sch A. Total housing expense is $31k.
I will have to reduce this amount due to exclusion of foreign income.
1/3 would be non excluded income, therefore itemized deductions would be 1/3 of $31k.
I would rather take standard deduction.
Am I taking the right approach ?
I appreciate your help.