Day: April 2, 2024

How to file Foreign rental property with Foreign tax credit – if United State citizen, have a rental income from abroad, in turbotax , where should be add income? business or personal section?How to file Foreign rental property with Foreign tax credit – if United State citizen, have a rental income from abroad, in turbotax , where should be add income? business or personal section?

April 2, 2024 | admin| 0 Comment | 6:15 am

For a US citizen with rental income from abroad, you should report it in the personal section of TurboTax, not the business section. Here’s why: Rental Income is Considered Personal