sfviolins
Returning Member

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?