International Tax Lunch: Dual Status Returns: What They Are, How They Work, How to Prepare Them Webinar

• Determine the alternate start or end date of a taxpayer's US residence in a dual-status tax year.
• Recognize the different methods of reporting income under the resident and nonresident periods.
• Recognize what exemptions, deductions and credits apply to each portion of the tax year.
• Apply the foreign earned income correctly for a dual-status tax year.
• Calculate income and tax on a dual-status tax return.

• Dual-status tax year
• Alternate US residence start date and end date
• Green card test
• Substantial presence test
• Foreign earned income exclusion
• Nonresident income reporting