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Foreign Earned Income Tax Worksheet Form

Foreign Earned Income Tax Worksheet Form

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Instructions and help about foreign earned income tax worksheet 2019

we'll be going over IRS form 2555 foreign earned income so this is a tax form that individual taxpayers living overseas uh can use as an attachment to their income tax return either form 1040 or 1040sr uh specifically to exclude uh income uh based on foreign s sources so there's three types of exclusions or deductions at hand uh there's the foreign earned income exclusion there's the foreign housing allowance exclusion and then there's also a deduction for the foreign uh housing costs so this tax form is consists of nine parts and we're going to uh most taxpayers won't need to complete each of these parts but we're going to go through this in our hypothetical situation we're going to go through all nine parts so again not everyone has to complete uh nine Parts but we're going to walk through each of them step by step so let's go ahead and start at the top uh our hero John Doe he's got his ta

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