Foreign Tax Credit and Exclusion for U.S. Expats On-Demand 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

This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.






   

Presented by: Betty Stehman, CPA, CIA

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

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

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