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please solve this problem Current year foreign taxes paid exceed the ceiling based on U.S. tax attributable to foreign source income. These excess foreign tax

please solve this problem

Current year foreign taxes paid exceed the ceiling based on U.S. tax attributable to foreign source income. These excess foreign tax credits

can be carried back one year and then carried forward twenty years.

can be carried back one year and then carried forward ten years.

are lost.

can be carried forward ten years only.

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