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2555 exclsion showing up as NOL

Randy Haynes
Level 4

Clients are expats with wages of 35,902. All of it is excluded on the 2555 foreign income exclusion. They use standard deduction of $25,100. This is generating a NOL. How do I remove the NOL? On the NOL Worksheet, I do not see a line to eliminate the 2555 exclusion from the calculation.

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2 Comments 2
TaxGuyBill
Level 15

How much is it showing for the supposed NOL?

Randy Haynes
Level 4

NOL of 19,242

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