Identify which of the following statements is false.
A) The foreign-earned income exclusion is $104,100 in 2018.
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.

Question

Quizplus · Accepted Answer

The bona fide foreign resident test is different from the physical presence test. The statement describes the physical presence test, not the bona fide foreign resident test.

Identify Which of the Following Statements Is False