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Exercise 1 2 - 1 7 ( Algorithmic ) ( L 0 . 4 ) In 2 0 2 3 , Henri, a U .
Exercise AlgorithmicL
In Henri, a US citizen and calendar year taxpayer, reports $ of income from France, which imposes a income tax, and
$ from Italy, which imposes a tax. In addition, Henri reports taxable income of $ from within the United States.
Henri is married filing a joint return, and his US tax before the foreign tax credit is $
Do not round your intermediate computations. Round your final answer to the nearest dollar.
Determine the amount of Henri's foreign tax credit.
$
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