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Chapter 5 Exercises ll Saved Help Save & Exit Submit Check my work 4 0 Required information Part 1 of 5 [The following information applies

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Chapter 5 Exercises ll Saved Help Save & Exit Submit Check my work 4 0 Required information Part 1 of 5 [The following information applies to the questions displayed below. Fred currently earns $9,000 per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is willing to pay Fred $10,000 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $102,100. eBook Print a-1. How much U.S. gross income will Fred report if he accepts the assignment abroad on January 1 of next year and works overseas for the entire year? e reported

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