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Deductions & credits

The foreign tax credit intends to reduce the double tax burden that would otherwise arise when foreign source income is taxed by both the United States and the foreign country from which the income is derived.

When you choose to to take the credit, we'll attach Form 1116Foreign Tax Credit if your situation requires it.

 

To delete that form:

  1. In the left menu, select Tax Tools and then Tools.
  2. In the pop-up window Tool Center, choose Delete a form.
  3. Select Delete next to the form/schedule/worksheet in the list and follow the instructions.
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