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Deductions & credits
Hi!
So this part of Publication 514:
You cannot claim a credit for unused foreign taxes in a year to which you carry them unless you also claim a credit for foreign taxes actually paid or accrued in that year.
Doesn’t mean I’m not allowed to carryover credit to a year that I don’t pay foreign tax, even though I have foreign income?
May 22, 2020
4:52 PM