Virginia Society of Tax & Accounting Professionals - RP-20-30, certain activities not taken into account for purposes of Form 8858 as a result of travel restrictions

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RP-20-30, certain activities not taken into account for purposes of Form 8858 as a result of travel restrictions

RP-20-30, certain activities not taken into account for purposes of Form 8858 as a result of travel restrictions

08 May 2020 8:05 AM | Anonymous

Revenue Procedure 2020-30 provides that certain activities are not taken into account for purposes of section 1503(d) or Form 8858, as a result of travel restrictions and disruptions resulting from the global outbreak of the virus that causes COVID-19, individuals may temporarily conduct activities in a foreign country that would not otherwise have been conducted there.

Revenue Procedure 2020-30 will be in IRB: 2020-22, dated May 26, 2020.

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