Welcome to Maxi-Pedia Forum. Maxi-Pedia discussion forum is a free community inviting you to express your ideas and discuss various topics with other contributors.

April 19, 2024, 09:09:38 pm *
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
 
   Home   Help Search Login Register  
Most Recent Posts:
Pages: [1]
« previous next »
  Print  
Author
Topic: 

Must I pay Taxes on income earned in Europe?

 (Read 7973 times)
nolosoft
Semi-Newbie
*
Posts: 28
« on: April 06, 2011, 04:51:12 pm »
Hi,
Can you help me to find out if I must pay taxes on income earned while on my trip in Europe? I am USA resident.
tx
Logged
Maxi-Pedia Forum
« on: April 06, 2011, 04:51:12 pm »
 Logged
steven
Full Member
***
Posts: 223
« Reply #1 on: April 07, 2011, 12:40:05 pm »
Income earned from foreign sources is reported on form 2555 Foreign Earned Income and then on form 1040, line 21.

The tax you paid abroad is reported (credit for the tax taken) on form 1116 Foreign Tax Credit and then on line 47 of form 1040.
Logged
nolosoft
Semi-Newbie
*
Posts: 28
« Reply #2 on: April 07, 2011, 04:00:51 pm »
This is great help, thanks for all the information.
Logged
Maxi-Pedia Forum
   
 Logged
Pages: [1]
  Print  
Maxi-Pedia Forum > Finance, Business, Taxes, Economics, Jobs, Politics, etc. > Taxes (Moderator: mod) > Topic: Must I pay Taxes on income earned in Europe?
 « previous next »
 
Jump to:  

Page created in 0.074 seconds with 22 queries. (Pretty URLs adds 0.001s, 0q)