Mark works in a foreign country for the entire calendar year. His salary is $120,000 and he

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Mark works in a foreign country for the entire calendar year. His salary is

$120,000 and he pays $18,000 in tax to the foreign government. His other taxable income (from U.S. sources) after all deductions is $30,000. If he claims the foreign earned income exclusion, how much are his creditable foreign taxes?

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Taxation For Decision Makers 2008

ISBN: 9780324654110

2nd Edition

Authors: Shirley Dennis-Escoffier, Karen A. Fortin

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