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Fred currently earns $ 9 , 0 0 0 per month. Fred has been offered the chance to transfer for three to five years to
Fred currently earns $ 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 $ per month if he accepts the assignment. Assume that the maximum foreignearned income exclusion for next year is $ a If Fred's employer also provides him free housing abroad cost of $ how much of the $ is excludable from Fred's income? c Suppose that Fred's employer offers Fred a permanent overseas assignment beginning on March of next year. How much US gross income will Fred report next year if he accepts the permanent assignment abroad? Assume that Fred will be abroad for days out of days next year.
Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount. c If Fred's employer also provides him free housing abroad cost of $ next year how much of the $ is excludable from Fred's income? Assume that Fred will be abroad for days out of days next year.
Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.
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