US Citizen Barry Is a Bona Fide Resident of a Foreign

question 4

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