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Janet Mothra, a U

question 75

Essay

Janet Mothra, a U.S. citizen, is employed by Caterpillar Corporation, a U.S. corporation. In May 2018, Caterpillar relocated Janet to its operations in Spain for the remainder of 2018. Janet was paid a salary of $200,000. As part of her compensation package for moving to Spain, Janet received a housing allowance of $40,000. Janet's salary was earned ratably over the twelve-month period. During 2018 Janet worked 280 days, 168 of which were in Spain and 112 of which were in the United States. How much of Janet's total compensation is treated as foreign source income for 2018?


Definitions:

Writer-Focused Statements

Statements in which the author's perspective, opinions, or personal experiences are the primary focus, potentially at the expense of the audience's engagement.

Professional Portfolio

A collection of work and achievements demonstrating a person's skills, accomplishments, and professional experience.

Workshops Attended

Participatory meetings or sessions in which individuals engage in intensive discussion and activity on a particular subject or project.

Income Tax Statements

Documentation filed with government authorities that report income earned and taxes owed for a specific period.

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