Publication 54 - Tax Guide For U.s. Citizens And U.s. Citizens Abroad - 2001 Page 25
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442
Form 2555 (2001)
Page
Part III
Taxpayers Qualifying Under Physical Presence Test (See page 2 of the instructions.)
1-1-01
12-31-01
16
The physical presence test is based on the 12-month period from
through
Country X
17
Enter your principal country of employment during your tax year.
18
If you traveled abroad during the 12-month period entered on line 16, complete columns (a)–(f) below. Exclude travel between
foreign countries that did not involve travel on or over international waters, or in or over the United States, for 24 hours or
more. If you have no travel to report during the period, enter “Physically present in a foreign country or countries for the entire
12-month period.” Do not include the income from column (f) below in Part IV, but report it on Form 1040.
(d) Full days
(e) Number of
(f) Income earned in U.S.
(a) Name of country
(b) Date arrived
(c) Date left
present in
days in U.S.
on business (attach
(including U.S.)
country
on business
computation)
Physically present in foreign countries during entire 12 month period
Part IV
All Taxpayers
Note: Enter on lines 19 through 23 all income, including noncash income, you ear ned and actually or constructively received dur ing
your 2001 tax year for services you perfor med in a foreign country. If any of the foreign ear ned income received this tax year
was ear ned in a pr ior tax year, or will be ear ned in a later tax year (such as a bonus), see the instructions. Do not include
income from line 14, column (d), or line 18, column (f). Report amounts in U.S. dollars, using the exchange rates in effect
when you actually or constructively received the income.
If you are a cash basis taxpayer, report on Form 1040 all income you received in 2001, no matter when you performed
the service.
Amount
2001 Foreign Earned Income
(in U.S. dollars)
71,000
19
19
Total wages, salaries, bonuses, commissions, etc.
20
Allowable share of income for personal services performed (see instructions):
20a
a
In a business (including farming) or profession
b
In a partnership. List partnership’s name and address and type of income.
20b
21
Noncash income (market value of property or facilities furnished by employer—attach statement
showing how it was determined):
2,000
21a
a
Home (lodging)
1,000
21b
b
Meals
21c
c
Car
d
Other property or facilities. List type and amount.
21d
22
Allowances, reimbursements, or expenses paid on your behalf for services you performed:
22a
a Cost of living and overseas differential
22b
b Family
22c
c Education
22d
d Home leave
18,000
22e
e Quarters
f For any other purpose. List type and amount.
22f
18,000
22g
g Add lines 22a through 22f
23
Other foreign earned income. List type and amount.
23
92,000
24
24
Add lines 19 through 21d, line 22g, and line 23
3,000
25
25
Total amount of meals and lodging included on line 24 that is excludable (see instructions)
26
Subtract line 25 from line 24. Enter the result here and on line 27 on page 3. This is your 2001
89,000
foreign earned income
26
2555
Form
(2001)
Chapter 4 Foreign Earned Income and Housing: Exclusion – Deduction
Page 25
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