Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Foreign Tax Credit Workout

Skills Workout

Certification Warm Up: Question 1 of 3

Which of the following would allow a taxpayer to claim the foreign tax credit without filing Form 1116?

The foreign tax was paid to a U.S. possession
The foreign taxes are less than or equal to $300 ($600 if Married Filing Jointly)
The foreign tax paid was from rental income earned
All of the above