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. There are several exceptions and other factors that can affect these rules. Check out this informative video and let our Operations Manager, Donna Robinson, fill in all the gaps to get you back on track.
Additionally, if you just need help determining what your tax home is or how to maintain it, we’ve got you covered. Also, here are some helpful resources to clear up the difference in a tax home and a permanent residence. And lastly, check out this page and learn all about the One Year Rule and how to avoid breaking it.
