Skip to main content
February 7, 2025
Solved

Form 2555, Line # 5 Foreign Affiliate

  • February 7, 2025
  • 1 reply
  • 0 views

I'm a US citizen living and working abroad. My employer is locally registered company but it has its HQ in the US. I need help with form 2555, Line # 5: 

5 Employer is (check any that apply):

a A foreign entity

b A U.S. company

c Self

d A foreign affiliate of a U.S. company

e Other (specify)

Should I select option a only? Or option a and d? What is a foreign affiliate of a US company? How do I know that my local employer is a foreign affiliate?

Best answer by DaveF1006

Yes, you can enter this both in lines 5a and 5B.  Yes, enter both the US address where head-quartered and the foreign address of the branch.

1 reply

DaveF1006
February 7, 2025

It is a foreign affiliate of a US Company.  This means that the company is head- quartered in the US but has a foreign branch.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
taxuser77Author
February 7, 2025

Thanks for the quick response. A couple of follow-up questions:

 

1. Should I select both options: 5a (A foreign entity) and 5d (A foreign affiliate of a U.S. company) ?

2. Should I enter the US HQ address in 4a (Employer’s U.S. address) along with 4b (Employer’s foreign address)?

 

Thank you. 

DaveF1006
DaveF1006Answer
February 7, 2025

Yes, you can enter this both in lines 5a and 5B.  Yes, enter both the US address where head-quartered and the foreign address of the branch.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"