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Exercise 5-21 (LO. 2) Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2019. Mio's
Exercise 5-21 (LO. 2) Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2019. Mio's salary for 2019 is $190,000. Assume a 365-day year. In your computation, round any division to four decimal places before converting to a percentage. For example, 0.473938 would be rounded to 0.4739. If required, round your final answer to the nearest dollar. What is Mio's foreign earned income exclusion?
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To compute Mios foreign earned income exclusion we need to use the Foreign Earned Income ...
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