Announcement

Collapse
No announcement yet.

Making work pay - foreign income

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Making work pay - foreign income

    Taxpayer earned 97% of income in foreign country and is excluded from US taxes. My software calculated the 'Making Work Pay' credit on this foreign income, but my opinion is that it should not qualify for this credit.

    Opinions?

    #2
    My opinion is the same as yours, going by the intent of the legislation passed. Whether that was specifically addressed in that legislation, I cannot verify. I know non-resident aliens were excluded. But "should not" and "is not" are two different things.

    Comment


      #3
      You said

      97% excluded. How much was not excluded? If over $6450 he would have the full credit.
      AJ, EA

      Comment

      Working...
      X