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Your clients are married filing jointly in 2022. Their combined Foreign Tax Credit is $625. Your clients have chosen to take the credit directly on
Your clients are married filing jointly in 2022. Their combined Foreign Tax Credit is $625. Your clients have chosen to take the credit directly on Schedule 3, line 1 without filing Form 1116. How much of the credit is deductible on their 2022 tax return
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Walter B Meigs
5th Edition
007041551X, 9780070415515
