What is the form used for?
- To figure out your foreign earned income exclusion and your housing exclusion or deduction. You cannot exclude or deduct more than your foreign-earned income for the year.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1040 return on the online/desktop and then go to Add Form/Display and type 2555.
Limits to the form: This form can be copied
Solution Articles:
1116 - Foreign Tax Credit (Individual, Estate, or Trust)
IRS Publication: https://www.irs.gov/forms-pubs/about-form-2555
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