Santos works for PBA Inc. located in Cincinnati, OH. PBA has a branch office located in Munich,

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Santos works for PBA Inc. located in Cincinnati, OH. PBA has a branch office located in Munich, Germany of which Santos is the manager. Santos earned a salary of $227,000 in 2023 in Germany.

He paid German income tax of $30,000. How much of Santos’ salary is subject to U.S. income tax?

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

ISBN: 9781119744191

1st Edition

Authors: Gregory A Carnes, Suzanne Youngberg

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Question Posted: Apr 17, 2024 04:01 AM

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Santos works for PBA Inc. located in Cincinnati, OH. PBA has a branch office located in Munich,

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The foreign earned income exclusion for 2023 is 120000 so San...View the full answer

Fundamentals Of Taxation For Individuals A Practical Approach 2024

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