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jim has a savings account in a foreign country. the account earned $5,000 interest during 2020 but only received $4,500 since $500 for foreign taxes

jim has a savings account in a foreign country. the account earned $5,000 interest during 2020 but only received $4,500 since $500 for foreign taxes was withheld by the bank. all accounts are started in Canadian dollars. the effect of Jim's 2020 tax return is

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