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29 Required information Part 5 of The following information applies to the quest

ID: 2342846 • Letter: 2

Question

29 Required information Part 5 of The following information applies to the questions displayed below Fred currently eams $10,400 per month Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is wiling to pay Fred $11,400 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is S104,100 c2, If Fred's employer also provides him free housing abrod (ost of $6,700 next yeor) how much of the $16,700 is excludable from Fred's income? Assume that Fred Round your final answer to the nearest whole dollar amount.) will be abroad for 305 days out of 365 days next year.(Do not round intermediate calculations O Answer is complete but not entirely correct. 13.918 8

Explanation / Answer

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