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How much is excludable from fred income

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Fred currently earns $9,500 per month. Fred has been offered the chance to transfer for three to five years to an overseas affiliate. His employer is willing to pay Fred $10,500 per month if he accepts the assignment. Assume that the maximum foreign-earned income exclusion for next year is $107,600.

Question 1: If Fred's employer also provides him free housing abroad (cost of $20,500), how much of the $20,500 is excludable from Fred's income?

Reference no: EM133008371

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