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Revisión del 22:37 22 oct 2024

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A credit is allowed for foreign income taxes paid or accrued. The financial lending is limited certain part of Ough.S. tax due to foreign source income. It's not refundable, but any excess credit can be carried to other years to reduce tax.

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B) Interest earned, however it is not paid, during a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for your calendar year in that your bond year ends.

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