How to Complete IRS Form 2555 - Foreign Earned Income Exclusion
16.3 هزار بار بازدید -
2 سال پیش
-
A U.S. citizen living abroad
A U.S. citizen living abroad is still required to file an annual Form 1040 tax return and pay taxes on their worldwide gross income. However, they might be eligible to exclude their foreign earned income from gross wages.
In this video, I cover a simple example where a U.S. citizen moves to a foreign country on a temporary work permit, and is eligible to file Form 2555 with his tax return to exclude his salary from U.S. taxable income.
Here are some additional videos covering issues for U.S. expats:
Form 2350 (Additional Extension): IRS Form 2350 Extension Request - For...
Form 673 (Withholding Exemption): How to Complete IRS Form 673 for a U....
Form 8938 (Foreign Assets): How to Complete IRS Form 8938 For Spe...
FBAR FinCEN Form 114: How to Fill Out FBAR (Foreign Bank Ac...
Taxes on Foreign Income: Do I Pay U.S. Taxes on Foreign Income?
For a larger database of tutorials, please visit our website and search for your question:
https://knottlearning.com/
DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.
#Form2555 #FEIE #ForeignEarnedIncomeExclusion
In this video, I cover a simple example where a U.S. citizen moves to a foreign country on a temporary work permit, and is eligible to file Form 2555 with his tax return to exclude his salary from U.S. taxable income.
Here are some additional videos covering issues for U.S. expats:
Form 2350 (Additional Extension): IRS Form 2350 Extension Request - For...
Form 673 (Withholding Exemption): How to Complete IRS Form 673 for a U....
Form 8938 (Foreign Assets): How to Complete IRS Form 8938 For Spe...
FBAR FinCEN Form 114: How to Fill Out FBAR (Foreign Bank Ac...
Taxes on Foreign Income: Do I Pay U.S. Taxes on Foreign Income?
For a larger database of tutorials, please visit our website and search for your question:
https://knottlearning.com/
DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.
#Form2555 #FEIE #ForeignEarnedIncomeExclusion
2 سال پیش
در تاریخ 1401/03/11 منتشر شده
است.
16,385
بـار بازدید شده