Individual Tax

U.S. and Canadian tax, prepared and planned together.

FORM 1116 California & Florida

Foreign Tax Credits

Claiming credits to relieve double taxation on income taxed in both countries.

Common question

Why didn't my foreign tax credit fully offset my U.S. tax bill?

Foreign tax credits are calculated by income category and capped by a formula tied to your U.S. tax rate — so credits from one type of income can't always offset tax on another, which is a common reason clients end up owing more than expected.

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