INVESTORS, SOLE PROPRIETORS
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FOREIGN EARNED INCOME EXCLUSION


United States citizens and resident aliens are taxed on their worldwide income, whether the person lives inside or outside of the United States. However, qualifying U.S. citizens and resident aliens who live and work abroad may be able to exclude from their income all or part of their foreign earnings. See more details...

FOREIGN TAX CREDIT AND DEDUCTION

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You can choose each tax year to take the amount of any qualified foreign taxes paid or accrued during the year as a foreign tax credit or as an itemized deduction. You can change your choice for each year's taxes. See more details...