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Deductions & credits
@11486 , sometimes it is better to claim only the safe harbor amount of US$600 for MFJ filer. You will get the full amount. If you choose the form 1116 , it is always going to be limited to LESSER of actual Paid and Allocated US tax on the same foreign source income. The allocation is based on multiplying the total US tax on world income by the ratio of Foreign Source income to World Income. That is what the tax treaty calls out.
Is there more I can do for you ?
‎April 10, 2025
7:31 PM