A taxpayer is a U$.$S$.$ citizen who lived and worked in France during the entire tax year. All of their income was earned outside of the U$.$S$.$ and consists of wages, capital gains, dividends, and interest.

Is the following statement true about reported income in this situation?

None of the income needs to be reported in the United States. Since the taxpayer spent the tax year overseas, there is no requirement to report any of the foreign income.

Click 'Yes' or $\text{'}$No$\text{'}$ for each option until complete.