What are Forms 2555 and 2555-EZ used for?
Form 2555 (Foreign Earned Income Exclusion) calculates the amount of foreign earned income and/or foreign housing you can exclude from taxation. Form 2555-EZ is a simplified version of this form.
Here's how to add – or remove – a Form 2555 or 2555-EZ from your return:
- Open your return and search for foreign income (upper right corner).
- Click Jump to foreign income in the search results.
- Continue through the foreign income section, answering questions as you go, until you reach the screen Do you want to try and exclude your foreign earned income?
- Answer Yes (to add a 2555 or 2555-EZ – we'll figure out which one you need) or No (to remove it), click Continue, and follow any on-screen instructions.
Tip: The -T or -S suffix after the 2555 stands for taxpayer or spouse, respectively.