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In order to us the Foreign Income Tax Exclusion, you must be either a bona fide residence (meaning you lived in China for a whole calendar year (1/1-12/31
You may qualify under the "substantial presence test.
To qualify for the substance presence test, you must be off US soil for 330 full days during ANY 23 month period
You may find this information here:
Before you can even think about NY, you must first qualify to exclude your income for the IRS.
Actually I would be claiming the "Foreign tax credit"
You did say that
Not the Foreign tax exclusion.
I apologize for my error.
Yes, if you purchase a home in Manhatten,, you will be liable for state income tax . Even thought you worked overseas, you will need to pay tax on the money you made in China
Even if I stay in New york for less than 180 days?
Let me double check the regs.......but I'm almost positive that buying that home means that NY is your home state, and you're that will create the liability for NY.
Give me just a few minutes here to double check my thinking
Although I am 99.9% positive that you will need to pay NY tax (your home is there, and this is a home I assume you will eventually move into as your primary home at some time) I can not find this in writing
Yeah, that's the problem I had it's difficult to find anything about this topic.
You are correct, I would eventually move there once I complete a few years in China.
Therefore, I will "opt out " and this puts this question back on the board as an open question, so that an expert with more NY experience can give you the definitive answer.
I wish you the best of lucky
Well, thanks anyway for your help - I really appreciate your time.