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Form 2555-EZ ND: What You Should Know
Form 2555-EZ is not a replacement for the FEE. If you had no self-employment income and had a foreign earned income Exclusion that exceeded the FEE in the year you had your foreign earned income exclusion, the IRS may have sent you a 1098-T Form. It is important to file in 2023 or your foreign earned income exclusion will not qualify for the FEE. If you had no foreign earned income Exclusion that exceeded the FEE in the year you had your foreign earned income exclusion, you may have received a 1098-T, and that 1098-T forms will be used to determine how much to exclude from your foreign earned income exclusion. You can calculate your foreign net income and your earned income exclusion by using both the foreign earned income exclusion and the FEE, using either the FEE for 2 or your 2018-19 tax filing status. To calculate income that qualifies for the FEE, you should determine and report your total foreign income in your most recent tax return and report the results. To report information on all your income earned or earned as the equivalent of self-employment income for purposes of the foreign earned income exclusion for the 2 tax year, you should use the IRS Form 2555-EZ. We're not able to provide the Form 2555-EZ unless you're filing using the full online FEE. You should still file your 2023 U.S. tax return and take the same steps you did for the previous year, including filling out your income tax, social security, and Medicare (SSI) forms. See IRM 25.21.3, Foreign Earned Income Exclusion and the 2023 Tax Year, for information on how to file an EITC-related Form 1040, if applicable to your situation. In addition, taxpayers should not include any entire FEE on their 2023 federal tax return, as this includes all amounts over the FEE, whether the FEE is greater than the foreign earned income exclusion.
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