Foreign Housing Deduction
If you are not self-employed, even partially, you cannot take a housing deduction, although you may be eligible for exclusion, as mentioned earlier. If you are considered self-employed, then you can deduct the housing mount on line 36 of form 1040 and form 2555. If you are both employed and self-employed, you can deduct part of your housing amount and also exclude a portion of it.
Read more about this topic: Foreign Housing Exclusion
Famous quotes containing the words foreign and/or housing:
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