Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Other Income Workout

Worldwide Income

Case Study 4: Worldwide Income

Hannah Vance lives and works in Manila, Philippines. In the tax year, she earned 16,000 Filipino pesos in wages.

Assume the average annual exchange rate was 40.25 Filipino pesos to one U.S. dollar.

What is the total wage income (in U.S. dollars) to be reported on her U.S. tax return?

Type your answer here: $ (Please do not use commas in answer)




Map of Philippines.