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vsundar
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  • Thanks Dave!Since I know there will be no passive foreign income (wages) in the next year onwards, how do I utilize the EXCESS foreign tax credit for this year ...
    vsundar
    1
    Updated Feb 24, 2025
  • Thanks Dave!Question is do the excess income credits apply only to income and excess interest credits apply only to interest income in the future? Since there i...
    vsundar
    3
    Updated Feb 24, 2025
  • Hi Dave,One last thing I wanted to check:Excess credit: is available for both foreign wages and Interest income. In the future, there would not be any foreign w...
    vsundar
    5
    Updated Feb 24, 2025
  • Hi Dave,Just to be clear:Is this applicable only for Income from dividends & capital gains, not for income from interest, wages etc.?My spouse doesn't have any ...
    vsundar
    7
    Updated Feb 24, 2025
  • Thanks Dave!One other question:I found this on the IRS website:https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit-compliance-tips. Is th...
    vsundar
    9
    Updated Feb 24, 2025
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