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30 November, 18:15

Helen is a U. S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she spent the entire year in London and earned a salary of $126,400. How much of her salary will she be allowed to exclude from gross income in the United States?

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  1. 30 November, 18:40
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    Answer and Explanation:

    $102100 is the foreign earned income exclusion limit for 2017, therefore Helen who is a U. S. citizen can exclude $102100 from gross income in the U. S.
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