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Tony pine earned a foreign interest income of $7,000 in 2021. A 15% tax was withheld by the foreign country. Tony total taxable income for
Tony pine earned a foreign interest income of $7,000 in 2021. A 15% tax was withheld by the foreign country. Tony total taxable income for the year was $80,000 and the tax payable was calculated at $10,500. How much is tony's foreign tax credit? (rounded)
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