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Level 5
July 18, 2025
Question

can foreign passive income be deducted under form 2555?

  • July 18, 2025
  • 2 replies
  • 8 views
not a credit --- passive income earned in foreign country

    2 replies

    PhoebeRoberts
    Intuit Community Champion
    July 18, 2025

    Don't start another thread on the same topic, please. What do the Form 2555 instructions say about what income can be deducted?

    CGHAuthor
    Level 5
    July 22, 2025

    Did not mention credit rather can passive income be accepted under Form 2555!

    sjrcpa
    Level 15
    July 22, 2025

    Is it earned income?

    The more I know the more I don’t know.