On January 5, 2019 Rica left the United States for Germany, where she had accepted an appointment

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On January 5, 2019 Rica left the United States for Germany, where she had accepted an appointment as vice president of foreign operations.

Her employer, USA Corporation, told her the assignment would last about two years. Rita decided nor to establish a permanent residence in Germany because her assignment was for only two years. Her salary for the year is $306,300. Rica incurred travel, transportation, and other related expenses totaling $6,000, none of which are reimbursed.
a. What is Rita's foreign-earned income exclusion?
b. How much may she deduct for travel and transportation?

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Federal Taxation 2020 Comprehensive

ISBN: 9780135196274

33rd Edition

Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse

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