To: Hootowl99
Your story sounds unusual. I was in a similar situation, and the taxes I paid in the foreign country were credited against my U.S. tax liability. I still had to file a U.S. tax return, but I owed $0 because the amount of taxes I paid in the foreign country exceeded what I owed in the U.S.
40 posted on
05/20/2018 3:39:14 AM PDT by
Alberta's Child
("I saw a werewolf drinking a pina colada at Trader Vic's.")
To: Alberta's Child
I don't have enough knowledge to know if my situation was unusual or not. But I certainly wish the bite had been less. Lol... Yes I did get credit for the foreign side of the income based taxes but still had a USA liability remaining with the net effect that my total tax load was greater than if it had been one country taxing instead of two.
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