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Can I claim foreign tax credit for income rental income from India getting offset against passive income from USA?For example (income is above 200K where passiv...
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Since property is located in MI and is not investment income would subject to tax in MI.You are right IN will not let you exclude the income and credit will not...
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Can I claim foreign tax credit for income rental income from India getting offset against passive income from USA?For example (income is above 200K where passiv...
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Make sure that right return type is checked in information worksheet. for by default it checks Partnership return, instead of LLC.
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HelloMy client is resident of Indiana and has 50% interest in multimember LLC registered in MI.The LLC sold one of the rental properties located in MI and repor...