pk
Level 15
Level 15

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@taoj , your understanding is correct. 

This code section 877-A and the special rule also does not include even those  persons  whom have passed  Substantial Presence Test  and are taxed as Resident for Tax purposes , 

 This section  hints at  and is probably applicable  also to  Long-Term Residents  whom have been subject to Mark-to-Market rules  when leaving the country and  then come back -- I need to study the rule a little bit more extensively for that portion of the rules

 

Is there more I can do for you ?

 

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