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Deductions & credits
@DaveF1006 don't know. Seems like what I am writing and you reading - two different things.
I am saying that "excluded foreign income still taxed".
And it's what I am trying to understand - why?
Per my understanding "excluded" income should make no difference on tax liability, whether it's present or absent in the return. I don't know how to explain my question in a better way.
‎April 13, 2021
12:23 PM