Korean Job Discussion Forums

[LOVYDOVY]

I know if I choose to exclude foreign earned income, I can't take a foreign tax credit or duductions for taxes on income I can exclude.

Does anybody know the pros and cons? What did you decided to do?

[Rob'sdad]

You're location says, USA. If you're in the USA then you can't file a 2555 because of the residency test portion of that form.

[LOVYDOVY]

I understand that. I just want to know how it will benefit me if I pay Korean tax or U.S. tax. What is the benefit in the long run if I do pay U.S. tax? I called the IRS, but no one had an answer for me.