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 Form 2555 1998

1998-2025 Form

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Video instructions and help with filling out and completing Form 2555

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Instructions and help about Form 2555

I'm here today to talk to you about form 2555 also known as the foreign earned income exclusion so the way this usually comes up somebody will come up to me and say hey what's that thingy where you know you can exclude a bunch of your income and not ever have to pay U.S tax again uh you know that's not the best description but we'll get into some of the details in this video uh so that you understand what it is you understand how to qualify for it uh what the limits are and what the pitfalls are [Music] one of the things people ask all the time is how much can you exclude Under The Foreigner and income exclusion uh there's no right answer it depends on what tax year you're filing for because the foreign earned income exclusion is indexed for inflation this is great yeah I've said in other videos you know the F Bar is not the fact perform is not so it's nice that the foreign earned income exclusion is so for 2022 which gets

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