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57. Which of the following circumstances would favor the foreign earned income exclusion over the foreign tax credit? a. Income is subject to a high
57. Which of the following circumstances would favor the foreign earned income exclusion over the foreign tax credit? a. Income is subject to a high tax rate in the foreign country. b. Income is too high to qualify for either the full exclusion or the full credit. C. 30% of foreign income is considered earned; the other 70% is investment income. d. Income is subject to a low tax rate in the foreign country.
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