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NeNe is an accountant and a U.S. citizen who has accepted a permanent position in...

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Accounting

NeNe is an accountant and a 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? Multiple Choice NeNe can exclude all of the housing payment because she worked more than 330 days overseas. $19,200 $20,800 $16,800 None of her salary can be excluded from gross income

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