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2555 physical presence test Form: What You Should Know

The physical presence test for allowing foreign earned income with the Bona Fide Resident Test Mar 9, 2024 — The Bona Fide Resident test is not the same as the foreign earned income exclusion, it is only a test that shows whether you are a bona fide resident of foreign countries for all the 12 months in a one-year period. You cannot claim the foreign earned income exclusion as a part of the Bona Fide Resident test unless you can show that during the last 12 months you had your primary place of residence in that foreign country or countries. When to File If you are subject to a credit and/ or interest for having been present in non-US territory during certain periods, you should complete the Foreign Earned Income Exclusion for the Period you were a Nonimmigrant and File the Form 2555 or the U.S. Income Tax Return, Form 4030, Form 6251, or Form 6251-A for the period you were subject to an audit, and file the relevant portion of the tax return. This will allow you to continue to avoid penalties and interest until you file your return, even if a credit/ interest for foreign earnings applies. If you have any questions about foreign earned income, contact the U.S. Department of State. The U.S.

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