Personal Finance & Money Asked on April 1, 2021
I am a U.S citizen and did some consulting work for a company based in Singapore. I lived abroad and paid taxes in the country of residence.
I am owner of a US based C-corporation and I reported the income earned as Revenue on Company P&L statement.
The revenue of the corporation was my salary and there was no taxable profits.
My question is, would the corporation owe any taxes to the IRS? I filed electronically and turbo tax didn’t show any income owed.
On my personal return, would the income be foreign earned income?
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