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Form 2555 – Everything you need to know

Form 2555 and form 2555-EZ are used to claim the Foreign Earned Income Exclusion, and form 2555 the Foreign Housing Exclusion or Deduction too. The Foreign Earned Income Exclusion allows you to exclude up to around $100,000 (the figure rises a little each year) of foreign earned income from US federal income tax. Please note that US citizens and green card holders are required to pay tax on their foreign earned income, whether the [.
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