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Form 8621 – data return by a shareholder of the passive international investment corporation or qualified electing fund. No international tax credit history on excludable profits. If you decide on to exclude international earned revenue, you cannot take a overseas tax credit or deduction for taxes on earnings you that you choose to exclude. If y
To qualify for your international earned cash flow exclusion and also the international housing exclusion, or maybe the foreign housing deduction, your tax property have to be in a foreign nation throughout your period of bona fide home or physical presence overseas. See we offer third-bash backlinks like a ease and for informational needs only. I