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Levi, a citizen and resident of the Netherlands, was contracted with a U.S. corporation to develop a new product. In developing this product, Levi worked
Levi, a citizen and resident of the Netherlands, was contracted with a U.S. corporation to develop a new product. In developing this product, Levi worked in the U.S. for nine weeks. The entire project took twenty-one weeks. He was paid $265,000. Which of the following is true about the compensation Levi received? The compensations Levi received is U.S. sourced income. The compensations Levi received is foreign sourced income. The compensations Levi received requires allocation
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