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Mio was transferred from New York to Germany. He lived and worked in Germany for 359 days in 2020. Mio's salary for 2020 is $241,600.
Mio was transferred from New York to Germany. He lived and worked in Germany for 359 days in 2020. Mio's salary for 2020 is $241,600.
Assume a 366-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 and converted to 47.39%. If required, round your final answer to the nearest dollar.
What is Mio's foreign earned income exclusion?
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