sam 2 3 5 0 Application for Extension of Time OMB No. 1545-0070

To File U.S. Income Tax Return 1988
Department of the Treasury (For U.S. Citizens and Resident Aliens Abroad Who Expect to Qualify for Special Tax Treatment) aeacher 58
Please type or Name Your social security number
print. : :

File the original | Present home address (number, street, and apt. no., or rural route). (If you have a P.O. box, see the instructions.) ‘Spouse's social security number

and one copy by
the due date for

filing your City or town, state, and ZIP code or country

return.

|f you or your spouse expect to file a gift tax return (Form 709 or 708: A) for 1988, generally ¢ due eby April } Yourself . . . >
17, 1989, see the instructions and check here . Spouse. . . eC

1 | request an extension of time until to file my income tax return

for the calendar year 1988, or other tax year ending because my tax
home is in a foreign country and | expect to qualify for special tax treatment by meeting the test I have checked below:

a Bona fide residence test (see instructions) . . . 2... 1 wee rr of

b Physical presence test (see instructions) Lo Co ee ee ee PO
2 Were you previously granted an extension of time to file for this tax year? . Poe ee eee ee ee es Des No
3 Will you need additional time to allocate movingexpenses? . 6 2 1. we ee ee ee ee + Yes ONO

4a Date you first arrived in foreign country

b Date qualifying period begins _

c Your foreign home address _

d Date you expect to return to the United States _
Note: This is not an extension of time for payment of tax. Full payment is required to avoic
5 Enter the amount of income tax paid with this form. . rn
6 Enter the amount of gift or generation- skipping transfer este tax that:

a You are paying with this form . oe ep | Ga Y

b Yourspouseispayingwiththisform. . . . . . . . - . + + | 6D Yj

Signature and Verification

Under penalties of perjury, | declare that | have examined this form, including accompanying schedules and statements, and to the best of
my knowledge and belief, it is true, correct, and complete; and, if prepared by someone other than the taxpayer, that | am authorized to
prepare this form.

interest and late payment charges.
5

Signature of taxpayer Date >
Signature of spouse Date >
Signature of preparer

other than taxpayer > Date >

File original and one copy. IRS will show below whether or not your application is approved and will return the copy.

Notice to Applicant—To Be Completed by IRS
(1 We HAVE approved your application. (Please attach this form to your return.)

[1 We HAVE NOT approved your application. (Please attach this form to your return.) However, after considering the above information,
we have granted a 45-day grace period from the date shown below or due date of your return, whichever is later. This grace period is
considered to be a valid extension of time for elections otherwise required to be made on returns filed on time.

(0 We HAVE NOT approved your application. After considering the above information, we cannot grant your request for an extension of
time to file. (We are not granting the 45-day grace period.)

1 We cannot consider your application because it was filed after the due date of your return.

By:

Date Director

If the copy of this form is to be returned to you at an address other than that shown above, or to an agent acting for you, please enter the
name of the agent and/or the address where the copy should be sent.

Name
Please
Type | Numberand street or P.O. box number (if mail is not delivered to street address)
or
Print

City or town, state, and ZIP code

For Paperwork Reduction Act Notice, see back of form. Form 2350 (1988)


Form 2350 (1988)

Page 2

General Instructions

Paperwork Reduction Act Notice.—We
ask for this information to carry out the
Internal Revenue laws of the United States.
We need it to ensure that taxpayers are
complying with these laws and to allow us to
figure and collect the right amount of tax.
You are required to give us this information.

The time needed to complete and file
this form will vary depending on individual
circumstances. The estimated average
time is: Recordkeeping, 13 minutes;
Learning about the law or the form, 8
minutes; Preparing the form, 21 minutes;
Copying, assembling, and sending the
form to IRS, 14 minutes.

If you have comments concerning the
accuracy of these time estimates or
suggestions for making this form more
simple, we would be happy to hear from
you. You can write to the Internal Revenue
Service, Washington, DC 20224, Attention:
IRS Reports Clearance Officer, TR:FP; or
the Office of Management and Budget,
Paperwork Reduction Project, Washington,
DC 20503.

Purpose

Use Form 2350 to ask for an extension to
file your tax return if you need the time to
meet either the bona fide residence test or
the physical presence test that you must
meet to qualify for the foreign earned
income exclusion and the housing exclusion
or deduction.

However, if you file your return after the
regular due date, you may not choose to
have the IRS figure your tax.

Note: You may already have 2 extra months
to file and pay any tax due (to June 15,
1989, for a 1988 calendar year return) if
you were a U.S. citizen or resident out of the
country on the due date of your return. For
this purpose, “out of the country” means
you meet one of the following conditions:
(1) You live outside the U.S. and Puerto
Rico, AND your tax home is outside the U.S.
and Puerto Rico; or (2) You are in military or
naval service outside the U.S. and Puerto
Rico. You do not have to file a form to get
this 2-month extension. But, you will have
to attach a statement to your tax return
explaining how you qualified.

If you need more time to file, but do not
expect to meet the bona fide residence or
physical presence test, file Form 4868 (the
“automatic” extension form). This will give
you 4 months beyond the regular due date
(or 2 more, if you already had the first 2
because you were out of the country as
explained in the Note above).

Who Should File

You should file Form 2350 if:

You area U.S. citizen or U.S. resident
alien; AND

You expect to qualify for the foreign
earned income exclusion and/or the
housing exclusion or deduction by meeting
either the bona fide residence test or the
physical presence test but not until after
your Form 1040 is due; AND

e Your tax home is in a foreign country (or
countries) throughout your period of bona
fide residence or physical presence,
whichever applies.

Definitions

Bona fide residence test.—To meet this
test, you must be a U.S. citizen and bona
fide resident of a foreign country or
countries for an uninterrupted period that
includes an entire tax year.

Physical presence test.—To meet this
test, you must be a U.S. citizen or a U.S.
resident physically present in a foreign
country or countries for at least 330 full
days during any period of 12 months ina
row.

Tax home.—Generally, your tax home is
your regular or main place of business or
post of duty, regardless of where you
maintain your family home. If you do not
have a regular or main place of business
because of the nature of your work, then
your tax home is the place where you
regularly live.

Foreign country.—A foreign country is a
country other than the United States or any
of its possessions.

Additional Information

Pub. 54, Tax Guide for U.S. Citizens and
Resident Aliens Abroad, gives a detailed
discussion of the bona fide residence test,
the physical presence test, the foreign
earned income exclusion, and the housing
exclusion and deduction. You can get Pub.
54 from most U.S. embassies and
consulates, or by writing to: Forms
Distribution Center, P.O. Box 25866,
Richmond, VA 23289.

When To File
File Form 2350 by the due date of your
Form 1040. This will usually be June 15,
1989, because of the extra 2 months given
certain taxpayers who are out of the
country.

Be sure to file Form 2350 early so that if
it is not approved, you can still file your tax
return on time.

Where To File

Make a copy of Form 2350. File both the
original AND the copy with either:

The Internal Revenue Service Center,
Philadelphia, PA 19255; or

@ The local IRS representative or other IRS
employee.

Period of Extension

If you are granted an extension, it will
generally be to a date 30 days after the date
on which you expect to meet either the bona
fide residence test or the physical presence
test. However, if you must allocate moving
expenses (explained in Pub. 54), you may
be granted an extension to 90 days after the
end of the year following the year you
moved to the foreign country.

Note: An extension of time to file your 1988
calendar year Form 1040 also extends time
to file a gift tax return (Form 709 or 709-A)
for 1988.

Filing Your Tax Return

You may file Form 1040 any time before
the extended due date. But remember,
Form 2350 does not extend the time to pay
income, gift, or GST taxes. If you do not pay
the amount due by the regular due date
(April 15,1989, for a 1988 calendar year
return), you will owe interest. You may also
be charged penalties.

Interest.—You will owe interest on the tax
not paid by the regular due date of your
return. The interest runs until you pay the
tax. Even if you had a good reason not to
pay on time, you will still owe interest.

Late payment penalty.—Generally, the
penalty is 2 of 1% of any tax (other than
estimated tax) not paid by the due date
(including the 2-month extension for
taxpayers who are out of the country). It is
charged for each month, or part of a month,
that the tax is unpaid. The most you have to
pay is 25%. You might not owe this penalty
if you have a good reason for not paying on
time. Attach a statement to your return
explaining the reason.

Late filing penalty.—A penalty is usually
charged if your return is filed after the due
date (including extensions). It is 5% of the
tax not paid by the regular due date (even if
an extension of time to pay has been
granted) for each month, or part of a
month, that your return is late. The most
you have to pay is 25%. If your return is
more than 60 days late, the penalty will not
be less than $100 or the balance of tax due
on your return, whichever is smaller. You
might not owe the penalty if you have a
good reason for filing late. Attach a full
explanation to your return if you file late.
Caution: /f we give you more time to file
and later find that the statements made on
this form are false or misleading, the
extension is null and void. You will owe the
late filing penalty, explained above.

How to claim credit for payment made
with this form.—When you file Form
1040, show the amount of any income tax
payment (line 5) sent with Form 2350.
Enter it on line 57 and write “Form 2350” in
the space to the left.

Specific Instructions

Name, address, and social security
numbers.—Write your name, address,
social security number, and spouse’s social
security number if filing a joint return. If the
post office does not bring mail to your street
address and you have a P.O. box, enter it
instead of your street address.

Gift tax return filers. —If you or your
spouse expect to file a gift tax return for
1988, check whichever box applies. If you
are sending payment(s) with this form,
show the amount(s) on line 6a and/or 6b.
However, if your spouse is filing a separate
Form 2350, do not check the box for your
spouse or complete line 6b.

Your signature.—This form must be
signed. If you plan to file a joint return, then
both of you should sign. But if there is a
good reason why one of you cannot, then
the other spouse may sign for both. Attach
an explanation as to why the other cannot
sign.

Others who can sign for you.—Anyone
with a power of attorney can sign. But, the
following can sign for you without a power
of attorney:

@ Attorneys, CPAs, and other persons
qualified to practice before the IRS, or
 Aperson in close business or personal
relationship to you who is signing because
you cannot. There must be a good reason
why you cannot sign. Attach an explanation
to the form.