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Revision as of 10:48, 7 January 2025

A credit is allowed for foreign income taxes paid or accrued. The loan is limited compared to that part of Ough.S. tax due to foreign source income. It is not refundable, but any excess credit the carried to other years to reduce tax.

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Filing Rules. It is important understand what to report on the tax get back. Include the correct name, social security number, and mailing address on your return. If filing electronically include the routing and account number for each account in which you will use for direct deposit and payments.

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