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Goku
Joined: 10 Dec 2008
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Posted: Sat Jun 06, 2009 12:00 am Post subject: Filing Taxes Online (in Korea) |
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Has anyone who's been here had any luck with fully filing online?
I'm getting a bunch of problems. Specifically getting an EIN number for my school.
Turbo Tax Freedom Edition is what I've been using and won't allow me to submit it online without an EIN.
Anyone else have issues filing online?
What do you use? |
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regicide
Joined: 01 Sep 2006 Location: United States
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Posted: Sat Jun 06, 2009 1:47 am Post subject: Re: Filing Taxes Online (in Korea) |
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Goku wrote: |
Has anyone who's been here had any luck with fully filing online?
I'm getting a bunch of problems. Specifically getting an EIN number for my school.
Turbo Tax Freedom Edition is what I've been using and won't allow me to submit it online without an EIN.
Anyone else have issues filing online?
What do you use? |
I would suggest talking to a professional about this matter rather than seeking free advice on a dissussion board. |
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Drew345

Joined: 24 May 2005
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Posted: Sat Jun 06, 2009 6:34 am Post subject: |
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I use TurboTax Delux, hopefully your turbotax has the same options.
Don't enter the income as "wages and salaries" (which come with a W-2).
You will need to go back and delete the W-2 form that you made for the Korean Income. Just "show my return", scroll down to that W-2 you made and delete it. (you could save this step for last to be safer)
Enter your Korean income by selecting "select specific topics" not "guide me through" when entering your income.
The last option is "Less common income"
The last option under there is "miscellaneous income"
The first option is "Wages not already reported"
This will take you to the page for "Wages not reported on a W-2"
There is a specific entry for "wages from a foreign source"
and you can enter that income without needing an EIN for the school.
If you are claiming the "Foreign Income Exclusion" (to deduct the income), the interview should ask you if you want to complete that form after you enter the "wages from a foreign source". If the interview doesn't take you to the "foreign income exclusion" section automatically, you can find "foreign income exclusion" yourself under the "Less common income" section again.
There is a good turbotax forum at this page for getting help on using their software:
https://ttlc.intuit.com/app/full_page |
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Goku
Joined: 10 Dec 2008
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Posted: Sat Jun 06, 2009 8:21 am Post subject: |
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Drew345 wrote: |
I use TurboTax Delux, hopefully your turbotax has the same options.
Don't enter the income as "wages and salaries" (which come with a W-2).
You will need to go back and delete the W-2 form that you made for the Korean Income. Just "show my return", scroll down to that W-2 you made and delete it. (you could save this step for last to be safer)
Enter your Korean income by selecting "select specific topics" not "guide me through" when entering your income.
The last option is "Less common income"
The last option under there is "miscellaneous income"
The first option is "Wages not already reported"
This will take you to the page for "Wages not reported on a W-2"
There is a specific entry for "wages from a foreign source"
and you can enter that income without needing an EIN for the school.
If you are claiming the "Foreign Income Exclusion" (to deduct the income), the interview should ask you if you want to complete that form after you enter the "wages from a foreign source". If the interview doesn't take you to the "foreign income exclusion" section automatically, you can find "foreign income exclusion" yourself under the "Less common income" section again.
There is a good turbotax forum at this page for getting help on using their software:
https://ttlc.intuit.com/app/full_page |
Thank you so much.
This solved the problem and my taxes are on their way to the IRS.
This saved me so much headache, I'm finally stress free. I was flipping out how hard it was to figure this out. THank you thank you thank you |
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Drew345

Joined: 24 May 2005
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Posted: Sat Jun 06, 2009 10:26 am Post subject: |
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Your Welcome,
With that Turbotax and foreign earned income, you should do a "sanity check" of your final 1040 too. The foreign earned income should be shown added in on line 7, and then deducted out on line 21 (if you used foreign income exclusion). The first year I tried with turbotax I had DOUBLE the foreign income deducted out on line 21 (wow, showed a great refund!). I had to delete everything, go back, put in the income first, and then exclusion after. |
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Scotticus
Joined: 18 Mar 2007
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Posted: Sun Jun 07, 2009 5:34 am Post subject: Re: Filing Taxes Online (in Korea) |
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regicide wrote: |
I would suggest talking to a professional about this matter rather than seeking free advice on a dissussion board. |
I would suggest you change your avatar, although I will admit that its obnoxiousness matches the level of help you brought to this thread. |
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Geckoman
Joined: 07 Jun 2007
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