Government Tax Deed Sales: Difference between revisions
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Revision as of 17:44, 13 September 2026
A credit is allowed for foreign income taxes paid or lanciao accrued. The finance is limited certain part of Ough.S. tax due to foreign source income. It isn't refundable, but any excess credit can be carried to other years to reduce tax. What the ex-wife must do in this case, it to present evidence of not knowing that such income has been received. And therefore, the computation of taxable income was erroneous. Which this may be known by the ex-husband yet intentionally omitted to say.
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