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 Instructions 2555 2019

Instructions 2555 2019-2025 Form

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Instructions and help about Instructions 2555

what on earth is the foreign income exclusion report two five five five that is attached to your 1040 tax return and how does it help you save tax in america great question and i try and answer that in this video hi everyone my name is simon michelewicz from optimize accountants and i'm going to be talking today about the foreign earned income who should use this form well this is for individuals whether you're american living in the united kingdom or any other foreign country for that matter and has earned income earned income being employment income or self-employment income but as an american you still have to do a tax return irrespective of where you are in the world and they will tax you on your worldwide income that looks kind of strange when you're from the uk anyway um this also is useful if you're british and you're now living in the united states but you still have some sort of income going from there so uh you there are some physical t

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