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In Which of the Following Situations Would a Taxpayer Be

Question 75

Multiple Choice

In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit?


A) The foreign tax paid was less than 10% of AGI.
B) The foreign tax paid was to a South American country.
C) The foreign tax paid was a property tax.
D) The foreign tax paid was an income tax.

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