Thanks! I really appreciate it. I will use it.
1 follow-up question.
Your idea is to offset the SA income by adding the same amount of the negative income. Right?
For example, annual SA payment is $40K. Assuming the tax in Japan is $10K and the tax in USA is $15K.
Isn't IRS collecting the balance = $5K.
I thought this is the reason of I need to use the foreign tax credit = $10K so that IRA can collect the balance.
Please advise.
I am a novice on tax, and I really appreciate your advice!
Have a good weekend.
