U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of ...

Foreign tax credit is a key relief for Indian taxpayers with foreign income, but ambiguities in domestic laws and DTAAs ...

The following items are added back to your AGI to calculate your MAGI for both the American Opportunity Tax Credit and the Lifetime Learning Credit: Foreign earned income and/or foreign housing ...

Also, if you paid tax to more than one foreign country you have to do a separate calculation for each country. If dual rates of corporation tax apply, use the higher rate when you calculate the ...