Foreign Tax Credit and Exclusion for U.S. Expats Webinar

Summary

As taxpayers increasingly live and work abroad, there is more opportunity for double taxation as U.S. taxpayers are taxed on their worldwide income. There are tax advantages available to mitigate this risk, which we will review in this webinar. You’ll learn to properly and accurately complete Form 2555, Foreign Earned Income, to exclude foreign earned income and Form 1116, Foreign Tax Credit, to calculate the foreign tax credit.

Objectives

Upon completion of this course, you will be able to:

  • Recognize if a taxpayer qualifies for the foreign earned income exclusion and the foreign housing deduction or exclusion.
  • Recognize if a taxpayer qualifies for the foreign tax credit or deduction.
  • Identify social security issues and self-employment issues related to working abroad.
  • Analyze Form 2555 to determine the appropriate foreign income exclusion for the taxpayer.
  • Evaluate Form 1116 to determine the appropriate foreign tax credit for the taxpayer.

Course Details

Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.






   

Presented by: Betty Stehman, CPA, CIA

​​​​​How to Earn CPE

​To receive full credit for a webinar, you must respond to at least 70% of the polling questions that are asked by the instructor during the webinar and you must be logged in for at least 90% of the presentation.

Please allow up to 7 days for us to verify attendance and issue certificates.

Cancellation Policy

Because this is an online education offering, it is nonrefundable.

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