Question
Helen is a U.S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she
Helen is a U.S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she spent the entire year in London and earned a salary of $117,200. How much of her salary will she be allowed to exclude from gross income in the United States?
A.$88,200
B.$105,900
C.$112,700
D.$115,200
E.All of her salary is included in gross income
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Financial Accounting Information for Decisions
Authors: John Wild
7th edition
78025893, 978-0078025891
