Yes I agree with you that the standard deduction has nothing to do with calculating the amount of foreign tax credit, but it affects if you can use the foreign ...
Same here, it feels unfair, I had a foreign rental profit of 6 thousand dollars, I paid taxes on that profit in Europe, and now I am required to pay taxes on th...
It just seems unfair, since I did payed foreign taxes on that 6000 usd profit in foreign country, but can’t offset it with my foreign tax credit that I got, but...
I have the same issue with my foreign rental, after days of researching this, it really seems that it is calculated correctly, unfortunately thy allocate the pe...
