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View Full Version : File 2555 AND Form 1116?


megame
Feb 28, 2017, 02:53 AM
You are you allowed to file form 2555 AND form 1116 for the same tax year.

You can assume that I meet all the qualifications required to file 2555.

AtlantaTaxExpert
Feb 28, 2017, 11:09 AM
Yes. It is a bit complex, because you have allocate the amount of income that is excluded when determining the Foreign Tax Credit, but it can be done.