Intuit HelpIntuit
Generating Form 2555 from Schedule C Income in Lacerte
by Intuit• Updated 2 months ago
How do I generate Form 2555 from Business Income (Schedule C)?
Follow these steps to generate the Foreign Income Exclusion on a From 2555 for Schedule C:
- Go to Screen 31.1, Foreign Income Exclusion (2555).
- Enter the name of business and business address under the Employer subsection.
- Enter the appropriate information in the section Travel Information or the Bona Fide Residence Test section.
- Go to Screen 16, Business Income (Sch C).
- Scroll down to the Foreign Income Information section.
- Select the Business from Form 2555 Name & Number (Ctrl+T) drop-down menu.
Sign in now for personalized help
Ask questions, get answers, and join our large community of Intuit Accountants users.
More like this
- Generating Form 2555 from Schedule C income in ProConnect Taxby Intuit•4•Updated 2 years ago
- Generating Form 2555 - Foreign Income Exclusion in ProConnect Taxby Intuit•20•Updated March 28, 2024
- Foreign Earned Income Exclusion Self-Employment Tax in Lacerteby Intuit•Updated September 06, 2024
- Calculating income into US dollars on Form 5471, Schedule C Income Statement in Lacerteby Intuit•9•Updated over 1 year ago