@vishalarati im intrigued-- your post suggests you paid taxes on a property sale and claimed those taxes for a FTC or at least partly did. Can you or someone else comment on whether foreign taxes paid on sale of a property can be deducted-- they are not really an income tax are they..... or are you referring to a kind of capital gains tax which you paid in that foreign country and can one take as a credit those CGTs (and as an american person you would of course also pay CGT here in the US unless you use some kind of double taxation treaty--thanks for explaining to me
