Which of the following conditions must be met for a taxpayer to be able to claim the foreign tax credit without filing Form 1116?
A)All of the foreign-source income is passive income.
B)Total foreign taxes paid were less than $300 ($600 if married filing jointly).
C)Taxpayer is not subject to foreign tax limitation rules.
D)All of these must be met.

Question

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The Answer of Which of the following conditions must be met for a taxpayer to be able to claim the foreign tax credit without filing Form 1116?
A)All of the foreign-source income is passive income.
B)Total foreign taxes paid were less than $300 ($600 if married filing jointly).
C)Taxpayer is not subject to foreign tax limitation rules.
D)All of these must be met.

Which of the Following Conditions Must Be Met for a Taxpayer