Most Asked Questions
- What are the benefits of the 2553 Form?
Benefits of the 2553 are that the trust will not be taxed on the income.
- Due date for 2553?
It is filed with the IRS by the due date of the tax return.
- 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.
- Who must fill 2553 Form?
Taxpayer who wants to claim the foreign exclusion must fill out this form.