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hagwonnewbie

Joined: 09 Feb 2007 Location: Asia
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Posted: Mon Mar 31, 2008 11:00 pm Post subject: question about completing 1040 and 2555 for U.S. IRS |
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I'm doing my U.S. taxes, and I'm not sure where to report my foreign income on my 1040 form. I'm exempt from paying taxes on my Korean income, and I'm filling out a 2555 form to verify that, but I'm not sure if I have to put that on my 1040 form. Can anybody help me here? |
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Bibbitybop

Joined: 22 Feb 2006 Location: Seoul
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Posted: Mon Mar 31, 2008 11:17 pm Post subject: |
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You put it as your income, but later you put that amount in the negative where ever you are supposed to mention for 2555. So it cancels each other out. I don't have the line numbers, sorry. |
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