More In File
You meet up with the presence that is physical if you should be actually contained in a international nation or nations 330 complete times during a time period of 12 consecutive months. The 330 qualifying times don’t need to be consecutive. The presence that is physical pertains to both U.S. residents and U.S. resident aliens.
The real existence test relies just as to how very very long you stay static in a international nation or nations. This test doesn’t be determined by the type or type of residence you establish, your motives about going back to the usa, or even the type and intent behind your stay abroad. Nonetheless, your motives pertaining to the type and function of your stay abroad are appropriate in determining whether you meet with the income tax house test, as explained under Chapter 4 of Publication 54, Tax Guide for U.S. Citizens and Resident Aliens overseas.
330 Comprehensive Times
Generally speaking, to generally meet the real existence test, you should be physically contained in a international nation or nations for at the very least 330 complete times throughout the 12-month duration. Continue reading “Foreign Earned Money Exclusion – Real Existence Test”