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can foreign passive income be deducted under form 2555?

TaxLaw
Level 4
not a credit --- passive income earned in foreign country
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3 Comments 3
PhoebeRoberts
Level 11
Level 11

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

TaxLaw
Level 4

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

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sjrcpa
Level 15

Is it earned income?


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