mircpa Posted February 21, 2014 Report Posted February 21, 2014 I have a client who was non-resident and lived in foreign country for whole year 2013. He has W-2 and S corporation K1 from US corporation and 20K foreign source wages income. In his 1040, can I include 2555 for foreign source income exclusion. Quote
kcjenkins Posted February 21, 2014 Report Posted February 21, 2014 Probably, but read this first. http://www.irs.gov/pub/irs-pdf/i2555.pdf Pub. 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad is also a good resource. Quote
Pacun Posted February 22, 2014 Report Posted February 22, 2014 If he is a US citizen living aboard, he might be able to exclude the whole thing. I think you forgot to include if he is a U.S. or resident for tax purposes. Quote
mircpa Posted February 22, 2014 Author Report Posted February 22, 2014 He is US Citizen living abroad, received W-2 and K1 from WI based corporation, I am filing WI 1NPR non-resident for this part of income and yes, I am excluding wages income earned outside US (2555) Quote
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