Allen is an employee of the foreign subsidiary of a United States based company who lives and works in the United Kingdom.According to FATCA,how much of his wages may Allen exclude from United States' taxes,according to 2018 guidelines?
A)None
B)$46,500
C)$79,850
D)$104,100

Question

Quizplus · Accepted Answer

According to the 2018 guidelines under the Foreign Earned Income Exclusion (FEIE) provision of the United States tax code, Allen can exclude up to $104,100 of his foreign earned income from U.S. taxes.

Allen Is an Employee of the Foreign Subsidiary of a United