Karl and Klara are a married couple living in Spain. Karl earns $90,000 and Klara earns $120,000 a year. The annual rent

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Karl and Klara are a married couple living in Spain. Karl earns $90,000 and Klara earns $120,000 a year. The annual rent

Post by answerhappygod »

Karl and Klara are a married couple living in Spain. Karl earns$90,000 and Klara earns $120,000 a year. The annual rent on theirapartment in Spain is $36,000. How should they apply for housingexclusion on Form 2555?
A. all should take the housing exclusion
B. Klara should take the housing exclusion
C. They should split the exclusion evenly
D. They should take prorated exclusions based on theirsalaries
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”