What strategy should be employed to apply a foreign tax credit for foreign tax paid to an IRA? A. As a foreign tax credi
Posted: Wed Jul 06, 2022 6:14 am
What strategy should be employed to apply a foreign tax creditfor foreign tax paid to an IRA?
A. As a foreign tax credit on passive income
B. As a foreign tax deduction on Schedule A
C. This foreign tax is non-deductible
D. No taxes are paid inside the IRA.
A. As a foreign tax credit on passive income
B. As a foreign tax deduction on Schedule A
C. This foreign tax is non-deductible
D. No taxes are paid inside the IRA.