Publication 514 discusses the credit or itemized deduction you may be able to take if you paid or accrued foreign taxes to a foreign country on foreign source income and you are subject to U.S. tax on that same income. Taken as a deduction, foreign income taxes reduce your U.S. taxable income. Taken as a credit, foreign income taxes reduce your U.S. tax liability.
None at this time.
Other Items You May Find Useful
About Publication 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad
About Publication 519, U.S. Tax Guide for Aliens
About Publication 570, Tax Guide for Individuals With Income From U.S. Possessions
Comment on Publication 514
Use the Comment on Tax Forms and Publications web form to provide feedback on the content of this product. Although we cannot respond individually to each comment, we do appreciate your feedback and will consider all comments submitted.
CAUTION: We cannot respond to tax-related questions submitted using this page. Instead, please see our Tax Law Questions.