Multiple Choice
NeNe is an accountant and U.S.citizen,who has accepted a permanent position in Madrid,Spain for a Spanish financial services company.This year,NeNe spent the entire year working in Madrid.NeNe's employer paid $40,000 of her Madrid housing expenses this year.What amount of the $40,000 housing payments may NeNe exclude?
A) NeNe can exclude all of the housing payment because she worked more than 330 days overseas
B) $16,624
C) $23,376
D) $14,546
E) None of her salary can be excluded from gross income.
Correct Answer:
Verified
Correct Answer:
Verified
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