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Old 01-12-2015, 10:28 AM
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Join Date: Jan 2015
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Foreign Tax Credit Question

Hello,

I have a generalized tax question. I have a client who has a very large amount of unused foreign tax credit that has been getting carried forward. They now work in the USA with their credit first starting to expire in tax year 2016.

They work in a federal government job where they can work in London, for example, if needed to help utilize the credit. What would be the best ways, if any, to utilize this large credit given their circumstances?

Thanks in advance



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