Question

In order to exclude the maximum amount of foreign-earned income form U.S. taxation, the following conditions must be met.

a. The taxpayer must have lived in the country for at least 6 months in the current year
b. The Taxpayer must NOT be a U.S. citizen
c. The taxpayer must be an employee of the U.S. government on a temporary assignment in the foreign country
d. The taxpayer must be considered a "resident" of the foreign country
e. The taxpayer must have resided in the foreign country for 330 days in a consecutive 12-month period

Answer 1

To exclude foreign-earned income from U.S. taxation, the taxpayer must meet conditions such as residing in the foreign country for at least 330 days in a consecutive 12-month period and being considered a resident of the foreign country.

Step-by-step explanation:

In order to exclude the maximum amount of foreign-earned income from U.S. taxation, several conditions must be met:

1. The taxpayer must have lived in the foreign country for at least 330 days in a consecutive 12-month period.
2. The taxpayer must be considered a 'resident' of the foreign country.
3. The taxpayer must not be a U.S. citizen.
4. The taxpayer must be an employee of the U.S. government on a temporary assignment in the foreign country.
5. The taxpayer must have resided in the foreign country for at least 6 months in the current year.