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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- If i have a 401 k contiribution from a foreign country is that considered income that i should input on form 1116
If i have a 401 k contiribution from a foreign country is that considered income that i should input on form 1116
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dmufeed
Level 2
04-15-2022
09:51 AM
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sjrcpa
Level 15
04-15-2022
11:19 AM
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Foreign countries don't have 401(k) Plans. These are US inventions.
If you have a 401(k) contribution, it is not income.
The more I know, the more I don't know.
