Form 2555 (2017)
Page 3
Part V
All Taxpayers
27 Enter the amount from line 26 . . . . . . . . . . . . . . . . . . . . . . 27
Are you claiming the housing exclusion or housing deduction?
Yes. Complete Part VI.
No. Go to Part VII.
Part VI
Taxpayers Claiming the Housing Exclusion and/or Deduction
28 Qualified housing expenses for the tax year (see instructions) . . . . . . . . . . . . 28
29a
Enter location where housing expenses incurred (see instructions)
▶
b Enter limit on housing expenses (see instructions) . . . . . . . . . . . . . . . 29b
30 Enter the smaller of line 28 or line 29b . . . . . . . . . . . . . . . . . . . 30
31
Number of days in your qualifying period that fall within your 2017 tax
year (see instructions) . . . . . . . . . . . . . . . . 31 days
32
Multiply $44.76 by the number of days on line 31. If 365 is entered on line 31, enter $16,336 here
32
33
Subtract line 32 from line 30. If the result is zero or less, don't complete the rest of this part or
any of Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
34 Enter employer-provided amounts (see instructions) . . . . . . 34
35
Divide line 34 by line 27. Enter the result as a decimal (rounded to at least three places), but
don't enter more than “1.000” . . . . . . . . . . . . . . . . . . . . . . 35
×
.
36
Housing exclusion. Multiply line 33 by line 35. Enter the result but don't enter more than the
amount on line 34. Also, complete Part VIII . . . . . . . . . . . . . . . . .
▶
36
Note: The housing deduction is figured in Part IX. If you choose to claim the foreign earned
income exclusion, complete Parts VII and VIII before Part IX.
Part VII
Taxpayers Claiming the Foreign Earned Income Exclusion
37 Maximum foreign earned income exclusion . . . . . . . . . . . . . . . . . 37
38 • If you completed Part VI, enter the number from line 31.
• All others, enter the number of days in your qualifying period that
fall within your 2017 tax year (see the instructions for line 31).
}
38 days
39 • If line 38 and the number of days in your 2017 tax year (usually 365) are the same, enter “1.000.”
• Otherwise, divide line 38 by the number of days in your 2017 tax year and enter the result as
a decimal (rounded to at least three places).
}
39
×
.
40 Multiply line 37 by line 39 . . . . . . . . . . . . . . . . . . . . . . .
40
41 Subtract line 36 from line 27 . . . . . . . . . . . . . . . . . . . . . . 41
42
Foreign earned income exclusion. Enter the smaller of line 40 or line 41. Also, complete Part VIII
▶
42
Part VIII
Taxpayers Claiming the Housing Exclusion, Foreign Earned Income Exclusion, or Both
43 Add lines 36 and 42 . . . . . . . . . . . . . . . . . . . . . . . . . 43
44
Deductions allowed in figuring your adjusted g
ross income (Form 1040, line 37) that are
allocable
to the excluded income. See instructions and attach computation . . . . . . . . . .
44
45
Subtract line 44 from line 43. Enter the result here and in parentheses on Form 1040, line 21.
Next to the amount enter “Form 2555.” On Form 1040, subtract this amount from your income
to arrive at total income on Form 1040, line 22 . . . . . . . . . . . . . . . .
45
Part IX
Taxpayers Claiming the Housing Deduction—Complete this part only if (a) line 33 is more than line 36 and
(b) line 27 is more than line 43.
46 Subtract line 36 from line 33 . . . . . . . . . . . . . . . . . . . . . . 46
47 Subtract line 43 from line 27 . . . . . . . . . . . . . . . . . . . . . . 47
48 Enter the smaller of line 46 or line 47 . . . . . . . . . . . . . . . . . . . 48
Note: If line 47 is more than line 48 and you couldn't deduct all of your 2016 housing
deduction
because of the 2016 limit, use the housing deduction carryover worksheet in the instructions to
figure the amount to enter on line 49. Otherwise, go to line 50.
49
Housing deduction carryover from 2016 (from the housing deduction carryover worksheet in the
instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
50
Housing deduction. Add lines 48 and 49. Enter the total here and on Form 1040 to the left of
line 36. Next to the amount on Form 1040, enter “Form 2555.” Add it to the total adjustments
reported on that line
. . . . . . . . . . . . . . . . . . . . . . . .
▶
50
Form 2555 (2017)