The U.S. and my country of residence use different tax years. How do you calculate my earnings for my return?
We use the prorated amount of earnings and tax paid for two consecutive years covering the full calendar year.
For example, to calculate your U.S. earnings for the 2016 tax year, we would take 1/2 of the earnings from your Australian tax declaration for the tax year ending 06/30/2016 and 1/2 of the earnings from your declaration for the tax year ending 06/31/2017.
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