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Posted by Dave Programmer on January 11, 2008, 12:29 pm
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I'm a US citizen who moved to Australia in March 2007. I earned income
in Australia in 2007 after moving here. I'd like to know if I can
claim the (pro-rata) foreign income exclusion when I file my 2007
taxes. In particular, I'd like to know if I can claim this exclusion
when I file my 2007 taxes this year based on the Physical Presence
Test, even though my 330 day period of being outside the US will end
in Feb 2008.
The summary of the physical presence test is
A U.S. citizen or a U.S. resident alien who is physically present in a
foreign country or countries for at least 330 full days during any
period of 12 consecutive months.
So, while I hadn't satisfied this test as of Dec 31, 2007, I will have
satisfied it sometime in Feb 2008. So, if I submit my 2007 return
after the 330 day period has ended in Feb, can I claim the exclusion
then or do I have to amend my 2007 return sometime in the future?
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