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Old 03-18-2013, 01:31 PM
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Foreign Tax Credit Trust K1

I am working on a Trust's K-1 form and 1041. All income has been given to the trust's beneficiary and therefore need to allocate the income and credits for her taxes (K-1). We have US federal withholding and foreign tax withholding from Canada (Foreign tax credit). What additional forms need to be completed to give this credit to the beneficiary? Thanks for the help.



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