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FAQsUS Tax Form 1116US Tax Form 2555Foreign Tax CreditForeign IncomeFEIE - Foreign Earned Income ExclusionIRA Contributions
You cannot contribute to an IRA if the majority of your taxable compensation is excluded using the Foreign Earned Income Exclusion (FEIE) via Form 2555.
However, the FEIE is not a mandatory tax form and you can instead claim the Foreign Tax Credit (FTC) via Form 1116.
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