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Level 3
January 18, 2021
Question

Form 2555

  • January 18, 2021
  • 1 reply
  • 15 views

In Pro Series Professional, Form 2555, Line 40 doesn't calculate correctly.  Line 37 correctly shows $107,600 but Line 40 calculates to 105,900 (the 2019 Foreign Earned Income Exclusion amount).  The solution for now is to Override Line 40, but that generates an error message.

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1 reply

IRonMaN
Level 15
January 18, 2021

If you are talking in terms of the 2020 program, that form isn't finalized yet and won't be until 1/28 according to the form release date schedule.  So I would wait for the final version before I started overriding anything.

Slava Ukraini!