What types of income qualify for the foreign earned income exclusion A The exclusion is applicable to earnings from investments sold in foreign countries To qualify, a taxpayer must be a bona fide resident of one or more foreign countries for the entire taxable year and be present in one or more foreign countries for a minimum of 330 days during a period of 12 consecutive months B The exclusion is applicable to earnings from personal services rendered in foreign countries To qualify, a taxpayer must be present in one or more foreign countries for a minimum of 300 days during a period of 12 consecutive months C The exclusion is applicable to earnings from investments sold in foreign countries To qualify, a taxpayer must either be a bona fide resident of one or more foreign countries for the entire taxable year or be present in one or more foreign countries for a minimum of 300 days during a period of 12 consecutive months D The exclusion is applicable to earnings from personal services rendered in foreign countries To qualify, a taxpayer must either be a bona fide resident of one or more foreign countries for the entire taxable year or be present in one or more foreign countries for a minimum of 330 days during a period of 12 consecutive months

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Posted on Jun 22, 2024

What types of income qualify for the foreign-earned income exclusion? A. The exclusion is applicable to earnings from investments sold in foreign countries. To qualify,

What types of income qualify for the foreign-earned income exclusion?

The exclusion is applicable to earnings from investments sold in foreign countries. To qualify, a taxpayer must be a bona fide resident of one or more foreign countries for the entire taxable year and be present in one or more foreign countries for a minimum of 330 days during a period of 12 consecutive months.

The exclusion is applicable to earnings from personal services rendered in foreign countries. To qualify, a taxpayer must be present in one or more foreign countries for a minimum of 300 days during a period of 12 consecutive months.

The exclusion is applicable to earnings from investments sold in foreign countries. To qualify, a taxpayer must either be a bona fide resident of one or more foreign countries for the entire taxable year or be present in one or more foreign countries for a minimum of 300 days during a period of 12 consecutive months.

The exclusion is applicable to earnings from personal services rendered in foreign countries. To qualify, a taxpayer must either be a bona fide resident of one or more foreign countries for the entire taxable year or be present in one or more foreign countries for a minimum of 330 days during a period of 12 consecutive months.