Pacun Posted March 8, 2021 Report Share Posted March 8, 2021 US Citizen living and working in Spain with US child earned 15K euros. I am sure that person doesn't qualify for EIC, and additional child tax credit but I just want to double check in case Spain is special. Has any one read the treaty and give me some advice? Where would you report those 15K ueros? Any additional info or suggestion will be appreciated. Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted March 8, 2021 Report Share Posted March 8, 2021 As Expats, wouldn't you be filing Form 2555 for Foreign Earned Income and the exclusion? With the likely full amount of income excluded (I don't know the exchange rate), I don't quite see how they would qualify for any tax credits when there is no taxable income. I have not looked at a treaty, just extrapolating from my AU clients. If all earned income (until this year when they exceeded the maximum exclusion) is excluded from tax, how could there be any credit? I have not had any clients qualify for the ACTC, though. Quote Link to comment Share on other sites More sharing options...
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