Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   File 2555 AND Form 1116? (https://www.askmehelpdesk.com/showthread.php?t=830817)

  • Feb 28, 2017, 02:53 AM
    megame
    File 2555 AND Form 1116?
    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.
  • Feb 28, 2017, 11:09 AM
    AtlantaTaxExpert
    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.

    • All times are GMT -7. The time now is 01:17 AM.