My husband and I plan to the file Form 2350 for an extension in order to exclude foreign income on the basis of the physical presence test.
How do we calculate the income tax we should pay (box 5)?
After filling out our tax return on turbo tax, we would have expected to receive a rebate both on our federal and state taxes. Does that mean when we file form 2350 we do not need to pay an income tax and write $0?
