Identify which of the following statements is false.
A) The foreign-earned income exclusion is $91,400 in 2009.
B) The primary purpose for the foreign-earned income exclusion is to prevent double taxation of income.
C) A taxpayer who is physically present in a foreign country for 330 full days out of a 12-month period satisfies the bona fide foreign resident test.
D) All of the above are false.
Correct Answer:
Verified
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Q39: Jose, a U.S. citizen, has taxable income
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Q43: A U.S.corporation can claim a credit for
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