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- Re: Form 2555
Form 2555
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Donnie_B_Good
Level 3
01-18-2021
11:39 AM
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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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IRonMaN
Level 15
01-18-2021
12:55 PM
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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!
