I live abroad. For the past several years, I've been excluding foreign earned income via form 2555. For 2022, due to unemployment, there is no income to report. I will file a return to report unearned income (passive income from rental property and interest income on my foreign accounts). This income is not excludable via form 2555 as it is not "earned" according to IRS definitions.
My question: Am I technically "revoking" the choice to exclude foreign earned income if I earned no income for 2022? I am earning income now. So when I file 2023 taxes, I will have earned income to exclude and will want to use form 2555 at that time. If I am revoking for 2022, then I cannot use that option next year without applying for IRS approval.
I appreciate any advice that can shed light on this little gray area.
