What FOREIGN TAX CREDIT OR DEDUCTION means: A credit or deduction available to a U. S. citizen or resident alien, and in limited circumstances to a U. S. nonresident alien, who incurs or pays income taxes to a country other than the United States.
- Definition Foster Child:
- Dictionary child placed with the taxpayer by an authorized placement agency or by judgement, decree, or order of any of competent jurisdiction. Such a child is referred to as an "eligible foster child foreign tax credit or deduction definition.
- Definition Flexible Spending Account:
- Dictionary A method of paying for benefits under a cafteria plan through salary reductions. Also see "Cafteria Plan." foreign tax credit or deduction explain.
- Definition FICA (Federal Insurance Contributions Act):
- Dictionary provides for social security and Medicare benefits. This program is financed by payroll taxes imposed equally on the employer and the employee. See our Social Securty Wages and Earnings Base for the foreign tax credit or deduction what is.
- Definition Fiscal Year:
- Dictionary ending on the last day of any month except December, or a 52-53 week tax year, which is a year that ends on the same day of the week (for example, the last Thursday of the month or on the Thursday foreign tax credit or deduction meaning.
How works Foreign Tax Credit or meaning in Tax definitions F .
