Megan accepts an assignment working in Germany for the first 9 months of 2017 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 2017, Megan also earned $9,000 of interest income from corporate bonds and $4,000 of dividend income from U.S. corporations. How much should Megan include in her gross income on her U.S. tax return for 2017?

Question

Quizplus · Accepted Answer

$78,000 + $7,000 + $9,000 + $4,000 = $98,000. She was outside the U.S. for only 273 days and is not eligible for any exclusion.

Megan Accepts an Assignment Working in Germany for the First