As a us citizen living in germany will the german income tax paid on inherited ira distributions be deductible on my us return form 1116?
You'll need to sign in or create an account to connect with an expert.
@Isabel4 , depending on the exact facts and circumstances, your German taxes should be eligible for Foreign Tax Credit.
Note to achieve this , you have to "resource by treaty " so there is foreign income ( distribution from the IRA ).
Is there more I can do for you ?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
pollywb
New Member
rdhdiver
New Member
rdhdiver
New Member
bja1288
New Member
grand89435
New Member