Ask Experts Questions for FREE Help !
Ask
    Fallujahboy's Avatar
    Fallujahboy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 4, 2011, 08:57 PM
    Why must my spouses income be considered when I'm filing an 2555 exclusion?
    H&R block says I must use the work sheet and include my wife's income to figure our tax owed. Should we file separately to avoid my excluded foreign income from being included in Line 44 of the 1040?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 5, 2011, 04:47 AM

    Are you a visa holder or US citizen or resident.
    If you are married, you can file as married filing jointly or separately. On joint return, both of you must report your worldwide income
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

H1-B fees (legal, filing, premium, etc) considered taxable income to the employee [ 6 Answers ]

My employer recently sent me an email saying "It has recently come to our attention that immigration legal fees paid by the employer are considered taxable income to the employee. Generally speaking, the IRS considers immigration fees paid by an employer as a taxable fringe benefit to the...

Filing you.S. Taxes: Foreign Income Exclusion AND Foreign Tax Credit? Etc. [ 0 Answers ]

Hello. I have a question about how to file U.S. taxes in a way that will give me the most benefit in my situation. Here are the details: 1. I'm a U.S. citizen, living in Japan. 2. I made less than the maximum allowed for the foreign income exclusion for each year I want to file. 3. I...

Foreign Income Exclusion [ 2 Answers ]

I am using Turbo Tax for tax planning. I wanted to see how the foreign income is treated, so I put the following scenario: Ordinary US income of $10,000 and foreign income of $4,000 I see that Turbo Tax calculates AGI as $6,000. I thought "foreign income exclusion" means that you don't pay...

Married filing jointly with NRA and Foreign Earned Income Exclusion [ 3 Answers ]

Hi. I have a new complication in my taxes. I'm American and my wife British (NRA). We both live and earn our income abroad (India and Uganda in 2007). Normally I filed married, filing separately, but would like to file jointly this year -- as I believe it would be advantageous. I know that I...

View more questions Search