IRS Form 2555
What is Form 2555 ? Form 2555 is the IRS form US citizens and resident aliens use to claim the Foreign Earned Income Exclusion ( FEIE ) - allowing you to exclude foreign earned income from your US tax return. For 2026, the maximum exclusion is $132,900, up from $130,000 in 2025. Here's what you need to know:
Complete Form 2555 instructions for 2026. Line-by-line walkthrough, qualifying tests, housing exclusion, common mistakes, and when FTC beats FEIE .
Form 2555 Instructions
Form 2555 is the IRS form you must file to claim the Foreign Earned Income Exclusion ( FEIE ), allowing you to exclude up to $130,000 of foreign-earned income for the 2025 tax year. This guide provides step-by-step, line-by-line instructions for completing Form 2555 . The form has nine parts, but you'll only complete the sections that apply to your situation. Whether you qualify under the bona ...
IRS Forms Form 2555 - Foreign Earned Income Exclusion & Housing Practitioner guide to Form 2555 for 2025: $130,000 FEIE limit, 330-day physical presence test, housing caps, FEIE vs. FTC math, and copy-paste checklists.
IRS Form 2555
The Foreign Earned Income Exclusion ( FEIE ) allows you to exclude up to $133,590 of foreign earned income from US taxation in 2024, but only if you file Form 2555 correctly. This guide walks you through each part of the form , the two qualification tests, eligible income, and the seven most common mistakes that cost expats thousands in taxes. For a broader overview of how the FEIE fits into your ...
IRS Form 2555 is used to claim the Foreign Earned Income Exclusion ( FEIE ), which allows qualifying US expats to exclude a portion of foreign-earned income from US taxation. The form is also used to claim the Foreign Housing Exclusion or the Foreign Housing Deduction, depending on your employment status, which may further reduce taxable income for those with qualifying housing expenses. In this ...
Foreign Earned Income Exclusion (FEIE) Complete Guide 2025
Complete guide to the Foreign Earned Income Exclusion ( FEIE ) for 2025-2026. $126,500/$130,000 exclusion, Physical Presence Test (330 days), Bona Fide Residence Test, Form 2555 instructions, Foreign Housing Exclusion, and critical compliance rules.
The IRS allows you to exclude a portion of your foreign wages or self-employment income by filing Form 2555 . This document, which you use to claim the Foreign Earned Income Exclusion ( FEIE ), can reduce your taxable income by over $100,000 if you meet the right criteria. Form 2555 isn't long, but it can be difficult to complete.
Instructions for Form 2555 (2025)
Instructions for Form 2555 - Introductory Material Future Developments For the latest information about developments related to Form 2555 and its instructions, such as legislation enacted after they were published, go to IRS.gov/ Form2555 .
Information about Form 2555 , Foreign Earned Income, including recent updates, related forms , and instructions on how to file. If you qualify, you can use Form 2555 to figure your foreign earned income exclusion and your housing exclusion or deduction.