foreign tax credit

What is IRS Form 1099-DIV?

IRS Form 1099-DIV reports dividend income and capital gains distributions As we approach tax season, many taxpayers will be gathering…

3 years ago

What is IRS Form 1040-NR?

IRS Form 1040-NR used by nonresident aliens to report their income in the United States IRS Form 1040-NR is a…

3 years ago

Eligibility for a foreign tax credit

The Foreign Tax Credit is designed to help taxpayers avoid double taxation As a worker based in the United States,…

3 years ago