Anyone familiar with foreign income exclusion?
Taxpayer moved to Japan and started working there in May 2010 until today.
He wants to get the foreign income exclusion. So he has to pass the physical presence test.
He chooses to have the physical presence test based on 5-1-2010 to 4-30-2011. He was physically present in Japan for more than 330 days during this period.
So he is meets the physical presence test for the foreign income exclusion.
Anything wrong with it? Can he arbitrarily picks the period between 5-1-2010 to 4-30-2011 for the physical presence test?
Taxpayer moved to Japan and started working there in May 2010 until today.
He wants to get the foreign income exclusion. So he has to pass the physical presence test.
He chooses to have the physical presence test based on 5-1-2010 to 4-30-2011. He was physically present in Japan for more than 330 days during this period.
So he is meets the physical presence test for the foreign income exclusion.
Anything wrong with it? Can he arbitrarily picks the period between 5-1-2010 to 4-30-2011 for the physical presence test?
Comment