Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2016. Mio's salary for 2016 is $190,000. In your computation, round any division to four decimal places before converting to a percentage. For example,.473938 would be rounded to 47.39%. What is Mio's foreign earned income exclusion?

Mio's foreign earned income exclusion s $94,361

Explanation:

The foreign earned income exclusion limit for 2016 is $101,300

So, the foreign earned income exclusion based on days equals to

= Foreign earned income exclusion limit * (2016 days : total number of days in a year)

= $101,300 * (340 days : 365 days)

= $94,361

We assume 365 days in a year as it is not given in the question