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Thousand Oaks California online Form 2555-EZ: What You Should Know
This post includes affiliate links. If you make a purchase through these links, I'll make a small commission to help keep The Dollar Store Fresh. Thanks! I use the Dollar Store and Shop with Confidence for all of my holiday shopping, but I love spending money on gifts for friends and family. So, to support the blog and keep it up and running, you can make a purchase using my link (at ), or buy something through my Amazon affiliate link. That way, I earn a small commission on the transaction. It's a small price that AFF means a BIG thank you. Thank you. A few helpful comments: 1) When filing your form 2555, enter it on line 18. Be sure to fill out as much of the form as possible to the last page. It is better (and faster) to file using line 18 because it allows you to enter everything on the first page. On line 23, fill out the amount of income you are receiving (line 18, if you paid Form 2555-EZ); include any itemized deductions; and include any foreign earnings on that line. This makes filing the Form 2555-EZ much easier. The amount on line 23 is the amount of income you have earned that is taxable. 2) If you entered a large amount of expenses, write those in the Expense column. To find out what is taxable, go to IRS Publication 536. Or call and ask about tax reporting. You will be asked on the phone to enter your year and estimated taxes and estimated amount of tax due. Once you have done your taxes and estimated taxes, you will be asked to show proof that you paid this tax to the IRS (I recommend taking a picture with your phone). You will receive a letter with your payment. If you do not receive the letter within 7-10 business days, go here to file your form. This form is for you. It enables you to submit to the IRS at once (including your 1040). It is not for filing your taxes as an income tax return. If you would like to file your taxes, go directly to the IRS website and file your taxes, not the form. The tax return is required to complete the calculation of your tax liability.
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