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aka710
Oct 14, 2008, 06:16 PM
For 4 months of 2007 I lived in Korea... Ive gotten an extension for my 2007 taxes. My question is:

Do I need to include my foreign earned income from Korea? I do know that I was not taxed in Korea and I believe there is a tax exemption treaty between the US and Korea...

I need help and fast! THANK YOU! :)

MukatA
Oct 15, 2008, 12:23 AM
On your U.S. return, you must report your worldwide income. You will claim credit for taxes paid in the foreign country by filing Form 1116. Read: Your U.S. Tax Return: U.S. Citizen or Resident with Foreign Income (http://taxipay.blogspot.com/2008/03/us-citizen-or-resident-with-foreign.html)