How to claim foreign tax credit on property income taxes
March 25, 2014
Why is foreign tax credit allowed?
March 25, 2014
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Must an individual claim the foreign tax credit?

In a word, “No.” The foreign tax credit is an “election”—meaning, it is voluntary. However, most people elect the credit, so they are not subject to a double tax—first, by the foreign country, next by the United States.