Form 2555 (2009) Page 3
Summary: This is an example of Form 2555 (2009), page 3, with items included as described in the text. Additionally, the following line items have been completed:
- Under
Part V: All Taxpayers
: -
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27. Enter the amount from line 26
field contains 98,000 -
Are you claiming the housing exclusion or housing deduction? Yes. Complete Part VI.
checkbox checked
- Under
Part VI: Taxpayers Claiming the Housing Exclusion and/or Deduction
: -
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31. Number of days in your qualifying period that fall within your 2009 tax year (see instructions)
field contains 365 days -
32. Multiply $40.07 by the number of days on line 31. If 365 is entered on line 31, enter $14,624.00 here
field contains 14,624 -
33. Subtract line 32 from line 30. If the result is zero or less, do not complete the rest of this part or any of Part IX
field contains 12,796 -
34. Enter employer-provided amounts (see instructions)
field contains 98,000 -
35. Divide line 34 by line 27. Enter the result as a decimal (rounded to at least three places), but do not enter more than 1.000
field contains 1.000 -
36. Housing exclusion. Multiply line 33 by line 35. Enter the result but do not enter more than the amount on line 34. Also, complete Part VIA
field contains 12,796
- Under
Part VII: Taxpayer Claiming the Foreign Earned Income Exclusion
: -
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37. Maximum foreign earned income exclusion.
field contains 91,400 -
40..Multiply line 37 by line 39
field contains 91,400 -
41. Subtract line 36 from line 27
field contains 85,204 -
42. Foreign earned income exclusion. Enter the smaller of line 40 or line 41. Also complete Part VIA
field contains 85,204 -
43. Add lines 36 and 42
field contains 98,000 -
45. Subtract line 44 from line 43. Enter the result here and in parentheses on Form 1040, line 21
field contains 98,000
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