jgcpa
Level 4
12-07-2019
08:04 AM
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I just want to make sure I am reading the instructions correctly. Client is in the 15% tax bracket (MFJ). Has $608 of foreign qualified dividends and $7000 of foreign source income (passive) from Canada. (1099s/K-1). Can I take a credit for the foreign dividends even though they were all qualified dividends ( taxed at 0%)?
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