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MAPS and the IRS
MAPS assignments are considered “temporary.” The term “temporary” is defined as less than one year for Internal Revenue Service purposes. In order to comply with IRS guidelines that would permit the cost of moving and living overseas to be considered non taxable, all applicants must have a place of permanent residence and the related concurrent expenses of a residence in the United States. Under most circumstances, students enrolled in college who maintain a room at their parent’s home would be considered as having met these criteria. There are additional factors that come in to play and these will be addressed once your file is approved.
Click here to review "financial" information from the MAPS Manual (4-11 months).
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