FEIE Archives

Knott Learning

How to File IRS Form 1116 for a Foreign Tax Credit on Compensation

Form 1116 is used by taxpayers to claim a foreign tax credit on their Form 1040 individual tax returns. This example covers a Form 1116 filing for foreign tax credits on foreign compensation.

Jason Knott2024-07-03T20:06:25+00:00Tags: FEIE, Foreign Earned Income Exclusion, Foreign Tax Credit, Form 1116|

How to Complete IRS Form 2555 for the Foreign Earned Income Exclusion (FEIE)

The foreign earned income exclusion (FEIE) is claimed on IRS Form 2555 and included with a U.S. taxpayers Form 1040. This article covers the basics of the FEIE and Form 2555.

Jason Knott2024-07-08T09:59:32+00:00Tags: FEIE, Foreign Earned Income Exclusion, Form 1040, Form 2555, Tax Return Tutorials, US Expat|

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