Which of the following statements regarding the foreign earned income exclusion is false?
A) Expatriates may not claim a foreign tax credit for foreign tax paid on excluded income.
B) The exclusion is limited to an inflation-adjusted annual dollar amount.
C) The exclusion is available to any U.S.citizen employed by a foreign company.
D) The exclusion is available to any U.S.citizen working and residing in a foreign country.
Correct Answer:
Verified
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