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Deductions & credits
But what if the foreign county did withhold income taxes on the consulting income. Then how does one enter it into the Schedule C and into the Turbo Tax system? I know you need a Form 1116 but the entry in Form 1116 seem to be a derivative of other information so assume there must be a way to put this withholding foreign tax into Schedule C and have it linked to Form 1116. Any suggestions?
‎April 5, 2024
10:36 AM