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- 04:36, 11 September 2024 PatrickBligh6 talk contribs created page Tax Attorneys - What Are Occasions You Will See That One (Created page with "A credit is allowed for foreign income taxes paid or accrued. The finance is limited certain part of Oughout.S. tax due to foreign source income. It isn't refundable, but any excess credit can be carried to other years to reduce tax.<br><br>Marginal tax rate may be the rate of tax spend on your last (or highest) amount income. In the described example, the person is being taxed with a marginal tax rate of 25% with taxable income of $45,000. This is mean they're paying 25...")