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Retirement tax questions
It looks much better now.
I have 1 more question regarding the foreign tax credit I would get. I understand that the tax credit is not the same amount as I paid in Japan, but it seems much lower than the actual amount that I paid. Even I tried to simulate much bigger amount ( I put big number in paid foreign tax ) , the foreign tax credit seems capped.
For example, I put $30,000 or $19,000 in paid tax, but the tax credit came out as 16,000 all the time. Am I doing anything wrong ?
Thanks again for your help.
March 10, 2023
5:32 PM