Foreign Tax Credit Calculator
Estimate your FTC limitation under IRC §904 and determine how much of your foreign taxes paid can be claimed as a credit against U.S. tax.
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Foreign income & tax credit analysis
General: wages, business income. Passive: dividends, interest, rents.
Taxable income earned from foreign sources
Worldwide taxable income (Form 1040, line 15)
Total tax before any credits (Form 1040, line 18)
Income taxes paid or accrued to the foreign country
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Enter your foreign source income, total taxable income, U.S. tax, and foreign taxes paid to estimate your Foreign Tax Credit limitation.
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