The relative stability of trans-[(η5-C5H5)Fe(η1-CO)(μ-CO)]2 (trans-I) and cis-I tautomers in a vacuum and in solvents with different dielectric constants (ε) has been investigated by exploiting density functional theory (DFT). Theoretical results indicate that, in agreement with experimental evidence, trans-I is more stable than cis-I in a vacuum (∼1.5 kcal mol-1; ε = 1), while the opposite is true in media with ε > 7. Differently from solution, DFT outcomes pertaining to the vapor-phase cis-I ⇆ trans-I equilibrium at T = 368 K, the temperature at which the Fe L2,3-edges and the C and O K-edge X-ray absorption spectroscopy (XAS) data of I have been recorded, ultimately indicate the trans-I predominance (∼93%). Compositions, oscillator strengths (f) and excitation energy (EE) values of cis-I transitions substantially mirror those of trans-I; nevertheless, the weighted cis-If(EE) distributions negligibly contribute to the diverse simulated XA spectra of I.