Re-Establishing Your Tax Home

Accidentally changing your tax home is a more common mistake than you think, but there’s no reason to panic. Luckily, re-establishing (or moving) can be done in just a few easy steps:

1. Choose the economic area in which you want to establish your tax home.
2. Work there and earn significant, fully taxed income.

However, every situation is different. It’s always best to speak to a professional any time your travel or living situation changes. Whether it’s getting married, moving your permanent residence, taking a travel assignment in a new place, returning to an old assignment location, or anything in between, it’s important to understand how each step of your journey will impact you.

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