Why might a taxpayer choose to forego the foreign- earned income exclusion? If the taxpayer does so

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Why might a taxpayer choose to forego the foreign- earned income exclusion? If the taxpayer does so in the current tax year, what negative tax consequences might this choice have in future tax years?

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Federal Taxation 2018 Corporations, Partnerships, Estates & Trusts

ISBN: 9780134550923

31st Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Nov 08, 2018 09:07 AM

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Why might a taxpayer choose to forego the foreign- earned income exclusion? If the taxpayer does so

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To increase the foreign tax credit allowed The taxpayer might choose to forego the foreign earn...View the full answer

Federal Taxation 2018 Corporations, Partnerships, Estates & Trusts

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