Form 2555 is a tax form used by U.S. citizens and resident aliens to claim the Foreign Earned Income Exclusion (FEIE) and the Foreign Housing Exclusion. This form allows individuals working abroad to exclude a certain amount of their foreign earned income from U.S. taxation, which helps avoid double taxation on income earned outside the United States. The form is vital for those who meet specific qualifications, such as the bona fide residence test or the physical presence test.
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