Get Irs 2555-ez 2014-2026

The IRS 2555-EZ form is designed for U.S. citizens or resident aliens who have foreign earned income and wish to exclude a portion of that income from U.S. taxation. This guide provides a clear, step-by-step approach to completing the form online, ensuring that users can navigate the requirements effectively.

Follow the steps to successfully complete your IRS 2555-EZ form.

1. Click the ‘Get Form’ button to obtain the IRS 2555-EZ form and open it in your preferred online editor.
2. Fill in your social security number and the name as it appears on Form 1040.
3. Indicate whether you meet the eligibility criteria for using this form by checking the appropriate boxes.
4. Complete Part I by determining if you qualify under the Bona Fide Residence Test or the Physical Presence Test and fill in the required dates.
5. Proceed to Part II by providing your foreign address, occupation, and employer details, ensuring to specify if your employer is a U.S. or foreign business.
6. If applicable, indicate if you have previously filed this form or have revoked the foreign earned income exclusion, and provide any relevant details.
7. In Part III, document the days you were present in the United States, including specific arrival and departure dates.
8. Calculate your foreign earned income exclusion in Part IV by following the outlined steps to determine your maximum exclusion.
9. Enter the total foreign earned income you earned in 2014 on the designated line and ensure it does not exceed the specified limit.
10. Finalize your form by calculating and entering the smaller figure between your exclusion and total foreign earned income. Save changes, download, print, or share the completed form as necessary.

Complete your IRS 2555-EZ form online today to take advantage of the foreign earned income exclusion.