Homework answers / question archive / Mio was transferred from New York to Germany

Mio was transferred from New York to Germany

Accounting

Share With

Mio was transferred from New York to Germany. He lived and worked in Germany for 351 days in 2020. Mio's salary for 2020 is $267,200. Assume a 366-day year. In your computation, round any division to four decimal places before converting to a percentage. For example, 0.473938 would be rounded to 0.4739 and converted to 47.39%. If required, round your final answer to the nearest dollar. What is Mio's foreign earned income exclusion? $ 103,190.16 ?