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Old 04-13-2011, 03:36 PM
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Foreigned Earned Income can include 1099-MISC income?

I am a US citizen living abroad so I have a Foreign Earned Income exclusion up to $91,500.- However, I did some consultancy work for a US agency and received a 1099-MISC. for the $8000 earned. Doing my taxes I thought that the amount shown on my 1099-misc Box 7 ($8000) would be somehow added to my Foreign Earned Income ($30700+$8000) so no tax at all tax would have to be paid. However since my 1099-MISC income goes to Schedule C and as Self Employment Income and that shows in line 12 of my 1040 as a $8000 profit, a tax is applied!! Am I doing something wrong?? If I have a Foreign Earned Income exclusion up to $91,500, how come any 1099-MISC income is not also excluded? Can the 1099-MISC income be exempt since my earned income added to the consultancy work adds up to $38700 and that´s well below the Foreign Earned Income exclusion? thanks



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