Dillon, a U.S. citizen, resides in Country K for all of 2018. Dillon is married and files
Question:
Dillon, a U.S. citizen, resides in Country K for all of 2018. Dillon is married and files a joint return. The following items pertain to his 2018 activities:
Salary and allowances (other than for housing)................. $175,000
Housing allowance...................................................................28,000
Housing costs...........................................................................30,000
Other itemized deductions.....................................................4,000
Country K income taxes .......................................................12,000
aAll of Dillon's salary and allowances are attributable to services performed in Country K.
What is Dillon's net U.S . tax liabi lity for 2018 (assume that Dillon excludes his earned income and housing cost amount)?
Step by Step Answer:
Global Taxation How Modern Taxes Conquered The World
ISBN: 9780192897572
1st Edition
Authors: Philipp Genschel, Laura Seelkopf