Foreign earned income

Forum|Forum|4 years ago
March 9, 2022
1 reply
19 views

Where do I enter foreign earned income that comes on a statement (not a W-2) that doesn't qualify for either exclusion on Form 2555? It is subject to FICA and Medicare tax that needs to be paid on the tax return.

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T

TaxGuyBill

Level 15

@Kath87 wrote:

Where do I enter foreign earned income that comes on a statement (not a W-2) that doesn't qualify for either exclusion on Form 2555?

It is subject to FICA and Medicare tax that needs to be paid on the tax return.

Is this wages (and employee), or is it self employment income? If it is wages, Social Security and Medicare taxes are not due.

Assuming it was wage, there is a wages worksheet. The easiest way to get it is to go to the 1040Wks, then click the blank space to the left "1" (line 1). That will open the worksheet, then enter it on Line 8b of the worksheet.

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Anonymous

There is no blank to the left of Line 1 in the 1040Wks that I see. There's Schedule 1 part 1 worksheet, Additional Income. That's where I put it, and it is on line 8, so it's may be what you mean, but it's 8z, not 8b.

Thanks, everybody. It's in the return.

T

TaxGuyBill

Level 15

But it should be enter on Line 1 of the 1040, as "earned" income, not on Schedule 1.

See the picture below for the area to click on the 1040Wks.

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