this post was submitted on 02 Oct 2025
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[–] UnderpantsWeevil@lemmy.world 7 points 3 days ago

The "Foreign Tax Credit" is a flat credit that goes against any US liability.

There are a few caveats, by country, if I'm not mistaken. For instance, I don't believe you can claim it on sanctioned countries. So anyone pulling a salary in Russia is stuck. But then folks in Russia likely aren't having their incomes reported to the US IRS anyway, so its something of a moot point.