Multiple Choice
Identify which of the following statements is false.
A) Taxable pensions and annuities are excluded from the definition of earned income when computing the foreign- earned income exclusion.
B) An individual meets the bona fide resident test by establishing a home in a foreign country for 330 days.
C) Earned income is excludable from gross income only if it is foreign- source income.
D) All of the above are false.
Correct Answer:
Verified
Correct Answer:
Verified
Q26: Darlene, a U.S. citizen, has foreign-earned income
Q27: Income derived from the sale of merchandise
Q50: A nonresident alien earns $10,000 of dividends
Q51: A nonresident alien cannot<br>A) elect to be
Q56: Ashley, a U.S. citizen, works in England
Q57: Income is "effectively connected" with the conduct
Q58: Which of the following is required in
Q59: Prior to 2018, domestic corporation X owns
Q67: Quality Corporation created a foreign subsidiary in
Q80: Discuss the Sec. 482 rules concerning the