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Federal input screens

Screen 673 - Claiming Exemption from Withholding on Foreign Earned Income (1040)

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Claiming Exemption from Withholding on FEI

T,S
Use this field to identify the client to whom the statement belongs. If you leave this field blank, the application defaults to the taxpayer.
Employer's name
Enter the employer's name.
note
This field is mandatory for the completion of Form 673.
State
Enter the state postal code. Select
F4
 from this field to view a list of available state postal codes.

Part I - Qualification Information

Use this section to enter qualification information for the foreign earned income exclusion under either the bona fide residence or physical presence test. Note that if
Bona fide residence or physical presence test
 contains
1
, the
Physical presence test
 fields are inactive. If
2
, the
Bona fide residence test
 fields are inactive.
Bona fide residence or physical presence test
Enter the code for the test that the taxpayer expects to qualify under. Enter
1
 for Bona Fide Residence Test, or
2
 for Physical Presence Test.
For calendar year
Enter the calendar year that the taxpayer expects to qualify for the foreign earned income exclusion. The years are listed in the fieldview. This field is mandatory for completion of Form 673.
Bona fide residence test: tax home(s) in
Enter the country or countries of the taxpayer's tax home for the year.
Date bona fide resident tax year began
Enter the date that the tax year began. If a date isn't entered, the application defaults to 01/01/YY of the year selected in
For calendar year
.
Date bona fide residence ended
Enter the date the bona residence ended, if it ended before the end of the tax year.
Physical presence test: tax home(s) in
Enter the country or countries of the taxpayer's tax home for the year.
Physical presence test from date
Enter the physical presence beginning date, if not present for the entire tax year.
Physical presence test through date
Enter the physical presence end date, if not present for the entire tax year.

Part II - Estimated Housing Cost Amount

Rent, utilities, real and personal property insurance, etc.
Enter the estimated cost amount in the corresponding field.
Estimated base housing amount for qualifying period (Force)
The maximum base housing amount is the default and is based on 365 days in the qualifying period that fall within the tax year. Enter an amount here to override the default value.
Delete on next year's proforma
Enter
X
 in this field so the screen doesn't proforma to the following year.

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