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Topic: Foreign Earned Income  (Read 1227 times)

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Foreign Earned Income
« on: July 31, 2019, 07:20:20 AM »
I'm trying to do my 2018 tax return on H&R Block but I'm running into issues.
I'm stating that I'm self employed and using schedule C to declare my income and that I work in UK. I also use form 2555 to declare that my income is foreign earned but in doing so my total income then drops to $0 (Schedule C income - form 2555 income). I wish my taxable income to be $0 but not my actual income.

I have managed to get the outcome I want by deleting my income on Schedule C and just leaving it on form 2555 but surely I have to declare it on Schedule C as well?

Is there anyone here that can advise me on how they file their self-employed foreign earned income?

As you can see I'm a little confused. Any help is greatly appreciated!!


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Re: Foreign Earned Income
« Reply #1 on: July 31, 2019, 09:47:52 AM »
You are correct. You need Schedule C. You also need Form 8858 & Schedule M for Form 8858 to report Foreign Branch operation.   Does your software include Form 8858?


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