Multiple Choice
Megan accepts an assignment working in Germany for the first 9 months of 2019 from Ferguson Corporation.Ferguson Corporation paid Megan's salary of $78,000 plus an additional $7,000 bonus.Megan paid $5,000 to the German government in taxes on this income.During 2019, Megan also earned $9,000 of interest income from corporate bonds and $4,000 of dividend income from U.S.corporations.The maximum foreign earned income exclusion for 2019 is $105,900.How much should Megan include in her gross income on her U.S.tax return for 2019?
A) $98,000
B) $20,000
C) $13,000
D) zero
Correct Answer:
Verified
Correct Answer:
Verified
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