Discussion:Foreign Tax
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Discussion Forum Index --> Basic Tax Questions --> Foreign Tax
Discussion Forum Index --> Tax Questions --> Foreign Tax
| 25 September 2007 | |
| My client is a US Citizen who owned a home in Puerto Rico and sold it in 2007, but he prepaid the capital gain tax in 2006 to Puerto Rico. How do I deal with this Foreign Tax Credit? | |
LKfromCANADA (talk|edits) said: | 26 September 2007 |
| You may claim foreign taxes paid on the "accrued" basis. | |
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