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Deductions & credits
Thanks for replying TurboTaxKitty. I understand option1 is giving me lower tax now. Can you please explain little more on option2 and why its not better from theory point of view. Option 2 leads me to 'Excess foreign tax credit' which means it will carryover to 2018, I got little confused here and why its carrying forward my credit vs the option1. Just trying to understand this for future.
‎June 1, 2019
7:03 AM