FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2023. Mio's salary for 2023 is $190,000.
Assume a 365-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. If required, round your final answer to the nearest dollar.
What is Mio's foreign earned income exclusion?
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