US citizen here,
I’m sorry to ask this as it may already have been answered or the answer may be readily available somewhere. I’m bad at understanding tax law.
Anyway, it’s that time again. Every year I file a 2555 Foreign Earned Income Exclusion with my taxes. Can I still get the child tax credits? How does the whole setup work? I own nothing back in the states. I just want to continue paying zero back home and attempt to get the assistance of the child tax credit money to help save for their future.
Please let me know what you guys do, and if you have any adivce. Thanks.
by ilikegh0sts