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Can I use a portion of foreign taxes paid as a deduction and the other portion as a credit?

Taxpayers can choose to deduct foreign taxes paid on Schedule A or claim a credit on Form 1116. The taxpayer must choose either the itemized deduction or credit for any given year. While every taxpayer’s situation is different, it is generally preferred to claim a credit for foreign income taxes paid.


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Updated: June 2, 2018

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