This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 2555-EZ?
A: IRS Form 2555-EZ is a form used to claim the Foreign Earned Income Exclusion.
Q: What is the Foreign Earned Income Exclusion?
A: The Foreign Earned Income Exclusion is a tax benefit that allows qualifying taxpayers to exclude a certain amount of their foreign earned income from their taxable income.
Q: Who is eligible to use Form 2555-EZ?
A: Taxpayers who meet certain criteria and have less complex foreign earned income situations can use Form 2555-EZ.
Q: What is the difference between Form 2555 and Form 2555-EZ?
A: Form 2555 is for taxpayers with more complex foreign earned income situations, while Form 2555-EZ is for taxpayers with simpler situations.
Q: What information is required on Form 2555-EZ?
A: Form 2555-EZ requires information such as the taxpayer's name, address, and taxpayer identification number, as well as details about their foreign earned income.
Q: When is the deadline to file Form 2555-EZ?
A: Form 2555-EZ is typically filed with the taxpayer's annual income tax return, which is due by the regular filing deadline, usually April 15th.
Q: Are there any limitations to the amount of income that can be excluded?
A: Yes, there are certain limitations to the amount of income that can be excluded using the Foreign Earned Income Exclusion. The specific limits vary each year and are adjusted for inflation.
Q: Do I need to include any supporting documents with Form 2555-EZ?
A: No, taxpayers who use Form 2555-EZ do not need to attach any supporting documents with their tax return. However, they should keep records and supporting documentation for their own records.
Q: Can I e-file Form 2555-EZ?
A: No, Form 2555-EZ cannot be e-filed and must be filed by mail with the taxpayer's paper tax return.
Form Details:
Download a fillable version of IRS Form 2555-EZ through the link below or browse more documents in our library of IRS Forms.