Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Carmen SanDiego, a US, citizen, is empioyed by General Motors Corporation, a U.S. corporation. On April 1, 2020, GM reiocated Carmen to its Brazilian operations
Carmen SanDiego, a US, citizen, is empioyed by General Motors Corporation, a U.S. corporation. On April 1, 2020, GM reiocated Carmen to its Brazilian operations for the remainder of 2020 . Carmen was paid a salary of $145,000 and was empioyed on a 5. day: week basis. As part of her compensation package for moving to Brazil, Carmen also recelved a housing allowance of 53,250. Carmen's salary was earned ratably over the 12 -month period. During 2020 Carmen worked 260 days, 195 of which were in Brazll and 65 of which were in Michigan. How much of Carmen's total compensation is treated as foreign source income for 2020 ? (Do not rourid intermediate caleulations)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started