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Fred currently earns $10,400 per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer

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Fred currently earns $10,400 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 $11,400 per month if he accepts the assignment Assume that the maximum foreign-comed Income exclusion for next year is $107600, -1. How much U.S.gross income will Fred report if he accepts the assignment obrond on January 1 of next year and works overseas for the entire year? income reported Fred currently earns $10,400 per month. Fred has been offered the chance to transfer for three to five years to an overseas om late. His employer is willing to pay Fred $11.400 per month if he accepts the assignment. Assume that the maximum foreign earned income exclusion for next year is $107,600 a-2. If Fred's employer also provides him free housing abroad (cost of $21400). how much of the $21,400 is excludable from Fred's Income? Amount to be excluded Fred currently earns $10.400 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 $11,400 per month if he accepts the assignment Assume that the maximum foreign-earned Income exclusion for next year is $107,600. b. Suppose that Fred's employer has offered Fred a six-month overseas assignment beginning on January 1 of next year. How much US gross income will Fred report next year if he accepts the six-month assignment abroad and returns home on July 1 of next year? Income reported Fred currently earns $10,400 per month. Fred has been offered the chance to transfer for three to five years to on overseas affiliate. His employer is willing to pay Fred $11.400 per month if he accepts the assignment. Assume that the maximum foreign-earned Income exclusion for next year is $107,600. C-1. Suppose thot Fred's employer offers Fred a permanent overseas assignment beginning on March 1 of next year. How much U.S. gross income will Fred report next year if he accepts the permanent assignment abroad? Assume that Fred will be abroad for 305 days out of 365 days next year (Do not round Intermediate calculations. Round your final answer to the nearest whole dollar amount.) Income reported Fred currently earns $10,400 per month. Fred has been offered the chance to transfer for three to five years to an overseas affilate. His employer is willing to pay Fred $11.400 per month if he accepts the assignment. Assume that the maximum foreign-earned Income exclusion for next year is $107,600 c-2. If Fred's employer also provides him free housing abroad (cost of $16.700 next yean, how much of the $16.700 is excludable from Fred's income? Assume thot Fred will be abroad for 305 days out of 365 days next year (Use 365 days in a year. Do not round Intermediate calculations. Round your final answer to the nearest whole dollar amount.) Around to be excited

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