Most Asked Questions

Most Asked Questions
  1. What are the benefits of the 2553 Form?

Benefits of the 2553 are that the trust will not be taxed on the income.

  1. Due date for 2553?

It is filed with the IRS by the due date of the tax return.

  1. What is Form 2553?

It is a Form that taxpayers must file to claim either the foreign earned income exclusion or the foreign housing exclusion.

  1. Who must fill 2553 Form?

Taxpayer who wants to claim the foreign exclusion must fill out this form.