Karl and Klara are a married couple living in Spain. Karl earns $90,000 and Klara earns $120,000 a year. The annual rent
Posted: Wed Jul 06, 2022 6:14 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 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
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