WebThe bona fide residence test is one of the tests that a US expat must meet in order to be eligible for the FEIE. To meet the bona fide residence test, you must have established … WebJul 1, 2024 · Bona fide residence test: A person who meets this test is "a citizen of the United States and establishes to the satisfaction of the Secretary that he has been a bona fide resident of a foreign country or countries for an uninterrupted period which includes an entire taxable year"; and
Foreign Earned Income Exclusion - Bona Fide Residence Test
WebMar 15, 2024 · The bona fide residence test requires a more complex examination of your circumstances than the physical presence test, but doesn't abide by a fixed number of days. The landmark case Sochurek v. … WebYou must show the Internal Revenue Service (IRS) that you have been a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. 3. Move to one of the US territories Another legal strategy that is widely talked about is moving to a US territory like Puerto Rico. books on tornadoes for kids
Physical Presence Test - A Guide For US Expats - Online Taxman
WebMar 25, 2024 · (The Bona Fide Residence Test is the other one – we compare both further below.) Simply, to pass the PPT, a US taxpayer must be physically present in an eligible foreign country or countries for 330 full days in any 12-month period. It sounds simple but calculating this can be surprisingly complex. WebSep 6, 2024 · Physical Presence Test. To meet this test, Americans must have been out of the country for 330 days in a 365-day period. Bona Fide Residence Test. To meet this … harwich adult education