On January 10, 2015, Roberta left the United States for Germany, where she had a
ID: 2417321 • Letter: O
Question
On January 10, 2015, Roberta left the United States for Germany, where she had accepted an appointment as vice president of foreign operations. Her employer, USACorporation, told her the assignment would last about two years. Roberta decided not to establish a permanent residence in Germany because her assignment was for only two years. Her salary for the year is $403,200. What is Roberta's foreign-earned income exclusions?
A.$403,200
B.$0
C.Cannot determine with the information provided.
D.$100,800
Explanation / Answer
Roberta's foreign-earned income exclusions
Answer : D. $100,800
Details :- If you are a U.S. citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. However, you may qualify to exclude from income up to an amount of your foreign earnings that is adjusted annually for inflation ($92,900 for 2011, $95,100 for 2012, $97,600 for 2013, $99,200 for 2014 and $100,800 for 2015).