#Scenario $4$: International Income and Treaty Trouble Emily, a US citizen, has the following income: Salary from a US$-$based employer: $$80,000$ Rental income from a property in France: $$20,000($converted to USD$)$ Dividends from a Canadian company: $$5\mathrm{.}000($some Canadian tax was withheld$)$ Itemized Deductions: $$222,000$ Allowable deduction for self$-$employment tax: None

Questions: Does Emily need to report the foreign income? Are there any tax treaties that might affect how the income is taxed? How does Emily potentially

claim a credit for taxes paid to foreign countries? Calculate AGI, taxable income, and total$$tax$$liability$.$