Forbes contributors publish independent expert analyses and insights. Amber Gray-Fenner covers individual and crypto taxation and IRS news. This article is more than 3 years old. New forms required ...

If your small business has foreign investments that provide interest income, you may be eligible for a foreign tax credit. In fact, any unearned income, such as dividends, rents, royalties and capital ...

The FTC operates on a relatively straightforward formula. However, it’s not a dollar-for-dollar deduction. Rather, it depends on several factors, including your total foreign income, the foreign taxes ...