IRS waives Section 911 requirements for departures from specified countries

Global Watch ()
The Internal Revenue Service recently issued Revenue Procedure  2014-25 which waives the eligibility requirements of Internal Revenue Code Section 911(d)(1) for certain individuals living abroad who wish to claim beneficial income and housing exclusions under Section 911. This favorable guidance applies to U S citizens or residents who established residency or were physically present in Egypt, Lebanon, Pakistan, or Yemen before certain dates but thereafter departed these countries because of war, civil unrest, or similar adverse conditions.