Form preview

IRS 2555-EZ 2016 free printable template

Get Form
Cat. No. 13272W Form 2555-EZ 2016 Page Days Present in the United States Complete this part if you were in the United States or its possessions during 2016. A foreign business. Other specify If you previously filed Form 2555 or 2555-EZ enter the last year you filed the form. and go to line 11a. b If you didn t previously file Form 2555 or 2555-EZ check here c Have you ever revoked the foreign earned income exclusion. 11a List your tax home s during 2016 and date s established. b c 10a b Of...what country are you a citizen/national For Paperwork Reduction Act Notice see the Form 1040 instructions. Multiply line 13 by line 15 Enter in U.S. dollars the total foreign earned income you earned and received in 2016 see instructions. Be sure to include this amount on Form 1040 line 7. Caution If the amount on line 17 is more than 101 300 don t file this form. You must file Form 2555 instead. 101 300 00 days on Form 1040 line 21. Next to the amount enter 2555-EZ. On Form 1040 subtract this...amount from your income to arrive at total income on Form 1040 line 22. Form 2555-EZ Foreign Earned Income Exclusion OMB No* 1545-0074 Attach to Form 1040. Complete the Foreign Earned Income Tax Worksheet in the Instructions for Form 1040 if you enter an amount on line 18. Attachment Information about Form 2555-EZ and its separate instructions is at www*irs*gov/form2555ez. Sequence No* 34A Name shown on Form 1040 Your social security number Department of the Treasury Internal Revenue Service...99 You May Use This Form If You Part I Are a U*S* citizen or a resident alien* Earned wages/salaries in a foreign country. Had total foreign earned income of 101 300 or less. See line 17. Are filing a calendar year return that covers a 12-month period. Don t have self-employment income. And You Don t have business/moving expenses. Don t claim the foreign housing exclusion or deduction* Tests To See If You Can Take the Foreign Earned Income Exclusion Bona Fide Residence Test Were you a bona...fide resident of a foreign country or countries for a period that includes an entire tax year see instructions. If you answered Yes you meet this test. Fill in line 1b and then go to line 3. and ended see instructions b Enter the date your bona fide residence began a Yes No. Physical Presence Test Were you physically present in a foreign country or countries for at least 330 full days during 2016 or. any other period of 12 months in a row starting or ending in 2016 Fide Residence Test above....through b The physical presence test is based on the 12-month period from Tax Home Test. Was your tax home in a foreign country or countries throughout your period of bona fide residence or physical presence whichever applies. General Information 4 Your foreign address including country 6 Employer s name 5 Your occupation 7 Employer s U*S* address including ZIP code 8 Employer s foreign address Employer is check any that apply A U*S* business. A foreign business. Other specify If you...previously filed Form 2555 or 2555-EZ enter the last year you filed the form* and go to line 11a* b If you didn t previously file Form 2555 or 2555-EZ check here c Have you ever revoked the foreign earned income exclusion.
pdfFiller is not affiliated with IRS
Screenshot
Screenshot
Screenshot

Get, Create, Make, and Sign IRS 2555-EZ

Edit your IRS 2555-EZ online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Screenshot
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Screenshot
Share your form instantly
Email, fax, or share your IRS 2555-EZ via URL. You can also download, print, or export forms to your preferred cloud storage service.
Screenshot

Instructions and Help about IRS 2555-EZ

How to edit IRS 2555-EZ

To edit IRS 2555-EZ, ensure you have a digital copy of the form saved locally. You can use pdfFiller to make necessary changes like correcting income details or personal information. Simply upload the form, use the editing tools to modify the text, then save or print your final version.

How to fill out IRS 2555-EZ

To fill out IRS 2555-EZ correctly, follow these steps:
01
Download the form from the IRS website or access it through pdfFiller.
02
Begin filling in identifying information, including your name, address, and Social Security number.
03
Specify your foreign earned income, excluding certain types of income.
04
Provide details about your foreign tax credit, if applicable.
05
Ensure all sections are complete and accurate before submitting the form.

About IRS 2555-EZ 2016 previous version

What is IRS 2555-EZ?

IRS 2555-EZ is a simplified version of the IRS Form 2555, used by U.S. citizens and resident aliens to claim the Foreign Earned Income Exclusion. This form allows eligible individuals to exclude a portion of their foreign-earned income from their taxable income.

When am I exempt from filling out this form?

You may be exempt from filling out IRS 2555-EZ if your foreign earned income is not above the exclusion limit set by the IRS in the applicable tax year. Additionally, no filing is needed if you do not have foreign earned income or if your income does not exceed the foreign earned income threshold.

Due date

IRS 2555-EZ must be filed by the tax return deadline for the applicable tax year. Typically, this date is April 15, with automatic extensions available for U.S. citizens living abroad, usually extending the deadline to June 15 or later, depending on the situation.

What information do you need when you file the form?

When filing IRS 2555-EZ, gather pertinent information, such as your identifying details, a breakdown of your foreign earned income, and documentation of any foreign taxes paid. Accurate information is key to ensuring compliance and minimizing the risk of audits.

Where do I send the form?

Submit IRS 2555-EZ alongside your tax return. If you're filing by mail, send it to the address specified in the instructions for Form 1040. If you're using electronic filing, simply include it with your e-file submission through your chosen platform.

What is the purpose of this form?

The purpose of IRS 2555-EZ is to provide a streamlined process for U.S. taxpayers living abroad to claim the foreign earned income exclusion. This can significantly lower their taxable income, reducing overall tax liability.

Who needs the form?

Taxpayers who qualify for the foreign earned income exclusion should file IRS 2555-EZ. This typically includes U.S. citizens and resident aliens who earned income exclusively from foreign sources and meet specific criteria regarding their residence abroad.

Components of the form

IRS 2555-EZ consists of several key components, including personal identification information, details regarding your foreign earned income, and any applicable foreign tax credits. The form is designed to be concise, making it easier for filers to complete.

What are the penalties for not issuing the form?

Failure to file IRS 2555-EZ when required may result in significant penalties, including the potential for additional taxes owed and interest accrual. Taxpayers may also lose the opportunity to claim the foreign earned income exclusion or foreign tax credits.

Is the form accompanied by other forms?

IRS 2555-EZ generally does not require nominal additional forms, but in certain circumstances, it may be necessary to attach other documentation, such as Form 1040, if you're filing your annual tax returns. Review IRS guidelines to determine if any your specific situation requires additional forms.

FAQ about IRS 2555-EZ

Yes, you can. With pdfFiller, you not only get a feature-rich PDF editor and fillable form builder but a powerful e-signature solution that you can add directly to your Chrome browser. Using our extension, you can create your legally-binding eSignature by typing, drawing, or capturing a photo of your signature using your webcam. Choose whichever method you prefer and eSign your [SKS] in minutes.

You can easily create your eSignature with pdfFiller and then eSign your [SKS] directly from your inbox with the help of pdfFiller’s add-on for Gmail. Please note that you must register for an account in order to save your signatures and signed documents.

Use the pdfFiller mobile app to complete and sign [SKS] on your mobile device. Visit our web page (https://edit-pdf-ios-android.pdffiller.com/) to learn more about our mobile applications, the capabilities you’ll have access to, and the steps to take to get up and running.

IRS Form 2555-EZ is a streamlined version of Form 2555 used by U.S. citizens and resident aliens to claim the Foreign Earned Income Exclusion and exclude certain foreign earned income from their U.S. taxation.

Taxpayers are required to file IRS Form 2555-EZ if they meet specific criteria, including having foreign earned income, qualifying for the Foreign Earned Income Exclusion, and not claiming a housing exclusion or deduction.

To fill out IRS Form 2555-EZ, taxpayers must provide their personal information, document their foreign earned income, indicate their foreign residence status, and ensure they qualify under the requirements stipulated by the IRS.

The purpose of IRS Form 2555-EZ is to allow eligible taxpayers to exclude a portion of their foreign earned income from U.S. taxation, thus reducing their taxable income and potential tax liability.

The information that must be reported on IRS Form 2555-EZ includes the taxpayer's name, address, foreign earned income amount, proof of foreign residency, and dates of foreign residence.

See what our users say
Trust Seal
Trust Seal
Trust Seal
Trust Seal
Trust Seal
Trust Seal
Trust Seal
Trust Seal
Rate free form
4.2
satisfied
37 votes

Related Forms

If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.