Question: Steve has already determined that he qualifies for the foreign earned income exclusion. For the 1 2 - month period, he was overseas for greater

Steve has already determined that he qualifies for the foreign earned income exclusion. For the 12-month period, he was overseas for greater than 330 days. For this calendar year, he was overseas 152 days. The maximum
exclusion for the current calendar year is $120,000. Based on the above information, how much is Steve's maximum exclusion for the current tax year? (assume 365 days in a year)
$55,273
$0
$120,000
$49,973
 Steve has already determined that he qualifies for the foreign earned

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