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Car Tax - Do I Need To Avoid Having: Revision history

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8 January 2026

  • curprev 06:1506:15, 8 January 2026 ShermanR72 talk contribs 3,308 bytes +3,308 Created page with "<br>A credit is allowed for foreign income taxes paid or accrued. The money is limited to that part of You.S. tax due to foreign source income. It is far from refundable, but any excess credit could be [https://www.accountingweb.co.uk/search?search_api_views_fulltext=carried carried] to other years to reduce tax.<br><br>Conversely, earned income abroad, and a second income from foreign securities, rental, or stuff abroad, could be excluded from U.S. taxable income, or fo..."
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