Multiple Choice
U.S. citizen Barry is a bona fide resident of a foreign country for all of 2020. Barry uses a calendar year as his tax year and receives $158,000 in salary and allowances from his employer. Included in the $158,000 is a $25,000 housing allowance. Barry's housing costs are $30,000. The base housing amount for the current year is $17,216. What amount related to his housing can Barry exclude on his Form 2555?
A) $12,784
B) $25,000
C) $30,000
D) $14,545
Correct Answer:

Verified
Correct Answer:
Verified
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