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Author Question: Jeremy, an American citizen, earned $200,000 during 2016 while employed in Switzerland. Jeremy is ... (Read 114 times)

arivle123

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Question 1

Jan has been assigned to the Rome office of ABC Corporation. She arrives in Rome on November 1, 2014 and does not return to the U.S. until March 5, 2017. During her stay in Rome, Jan earned $112,000 in 2016.  Jan may exclude
◦ $0.
◦ $16,208.
◦ $101,300.
◦ $112,000.

Question 2

Jeremy, an American citizen, earned $200,000 during 2016 while employed in Switzerland. Jeremy is entitled to the maximum foreign-earned income exclusion. Jeremy also incurred $40,000 of deductible expenses attributable to the foreign-earned income. Jeremy may deduct how much in expenses?
◦ $0
◦ $20,260
◦ $19,740
◦ $40,000


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Marked as best answer by arivle123 on Sep 13, 2020

kbennett34

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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arivle123

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


laurnthompson

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Reply 3 on: Yesterday
Gracias!

 

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