What is Form 2350?
Form 2350 is designed for U.S. citizens and resident aliens living outside the United States. This form allows them to request an extension for filing their tax returns, especially if they believe they will qualify for the Foreign Earned Income Exclusion (FEIE). The FEIE can significantly reduce or even eliminate taxes on income earned while abroad. By submitting Form 2350, individuals gain an additional 30 days to collect the necessary information and fulfill the criteria for the FEIE, helping them maximize potential tax savings.
What is Form 2350 used for?
Form 2350 is a helpful tool for U.S. citizens and resident aliens living abroad. Here's what it is used for:
- Qualify for Foreign Earned Income Exclusion (FEIE)
- Meet bona fide residence or physical presence tests
- Request additional time to file tax return
How to fill out Form 2350?
- 1
Confirm your eligibility as a U.S. citizen or resident alien.
- 2
Indicate if you expect to claim the Foreign Earned Income Exclusion by marking the appropriate box.
- 3
Provide information that demonstrates your qualification for the Bona Fide Residence or Physical Presence Test.
- 4
Ensure all details are accurate to avoid penalties.
- 5
Download your completed Form 2350 for submission before the due date of your Form 1040.
Who is required to fill out Form 2350?
U.S. citizens and resident aliens who expect to file Form 2555 or 2555-EZ are responsible for completing Form 2350. This includes those needing an extension to qualify for the foreign earned income exclusion or related deductions.
After completion, the form is used by taxpayers to request additional time to meet the necessary tests for filing their tax returns.
When is Form 2350 not required?
Form 2350 isn't necessary for U.S. citizens and resident aliens abroad who don't expect to qualify for the Foreign Earned Income Exclusion (FEIE) or who don't require extra time for the bona fide residence or physical presence tests. Additionally, if you can file your tax return on time without an extension, you do not need to submit this form.
When is Form 2350 due?
The deadline for Form 2350 is April 15, 2025, for the 2024 calendar year return. This form is for U.S. citizens and resident aliens living abroad who need extra time to qualify for the Foreign Earned Income Exclusion and the foreign housing exclusion or deduction. Make sure to file it on or before the due date of your Form 1040 or 1040-SR.
How to get a blank Form 2350?
To get a blank Form 2350, visit our website. The form is issued by the Internal Revenue Service (IRS) and is pre-loaded in our editor, ready for you to fill out. Remember, our platform assists with filling and downloading, but not filing forms.
How to sign Form 2350?
To sign Form 2350, you can use a handwritten signature, a rubber stamp, or a mechanical device like a signature pen. Note that electronic signatures are not accepted for this form, and it's always wise to check for any updates from the IRS. After completing the form using PDF Guru, you can download it for your records, but keep in mind that submission must be handled separately.
Where to file Form 2350?
After completing Form 2350, you can submit it by mailing it to the address indicated under "Where To File" on the form.
Alternatively, you may submit it in person at a local IRS office or hand it directly to an IRS employee.
