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Other Fields Homework Help Accounting Topic started by: safezone on Feb 15, 2017



Title: Michael, a U.S. citizen, earned $100,000 of foreign-earned income and no other U.S. or foreign ...
Post by: safezone on Feb 15, 2017
Michael, a U.S. citizen, earned $100,000 of foreign-earned income and no other U.S. or foreign income in 2013. He also incurred $10,000 of employment-related expenses, none of which were reimbursed. If the full foreign-earned income exclusion is utilized, calculate the deductible employment-related expense (before the 2% nondeductible floor).


Title: Re: Michael, a U.S. citizen, earned $100,000 of foreign-earned income and no other U.S. or foreign ...
Post by: Rimoun on Feb 15, 2017
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