Claiming Foreign Tax Credits

Avoid Double Taxation on Foreign Income

If you pay taxes to another country, Foreign Tax Credits (FTC) can offset your U.S. tax liability—ensuring you don’t pay tax twice on the same income.

We help you identify, optimize, and claim every eligible credit.

Who Benefits from FTC Services?
  • Expats Living in High-Tax Countries
  • Individuals Not Eligible for FEIE
  • Business Owners Paying Foreign Taxes
  • Investors with Foreign Income
  • Foreign Rental Property Owners

Our Foreign Tax Credit Process

01.
Foreign Tax Review

Analyze foreign tax payments and supporting documents.

02.
Income Categorization

Correctly classify income under IRS FTC rules.

05.
Future Tax Planning

Advise on income structuring to preserve FTC benefits.

03.
Credit Optimization

Maximize current-year credits and manage carryforwards.

04.
Accurate FTC Filing

Prepare and file Form 1116 with precision.

01.
Foreign Tax Review

Analyze foreign tax payments and supporting documents.

02.
Income Categorization

Correctly classify income under IRS FTC rules.

03.
Credit Optimization

Maximize current-year credits and manage carryforwards.

04.
Accurate FTC Filing

Prepare and file Form 1116 with precision.

05.
Future Tax Planning

Advise on income structuring to preserve FTC benefits.

Why FTC Expertise Matters

FTC rules are complex. Errors can lead to:

  • Lost credits
  • Overpayment of U.S. taxes
  • IRS challenges

We ensure your foreign taxes work in your favor.

What Our Clients Say

David Ferry,
David Ferry,
Director at Chobham Manor
"Patience. Infinite patience. No shortcuts. Very well thought out and articulate communication. Clear milestones, deadlines, and fast work. Even if the client is being careless. The best part...always solving problems with great original ideas!."
Amalia Bruno,
Amalia Bruno,
Director at Spoity
"Very well thought out and articulate communication. Clear milestones, deadlines, and fast work. Patience. Infinite patience. No shortcuts. Even if the client is being careless. The best part...always solving problems with great original ideas!."
David Ferry,
David Ferry,
Director at Chobham Manor
"Patience. Infinite patience. No shortcuts. Very well thought out and articulate communication. Clear milestones, deadlines, and fast work. Even if the client is being careless. The best part...always solving problems with great original ideas!."
Amalia Bruno,
Amalia Bruno,
Director at Spoity
"Very well thought out and articulate communication. Clear milestones, deadlines, and fast work. Patience. Infinite patience. No shortcuts. Even if the client is being careless. The best part...always solving problems with great original ideas!."
Ready for Stress-Free Claiming Foreign Tax Credits?

Contact our expert team today to discuss your unique situation and secure your compliance.

Get a Personalized Consultation
+1- 650-898-2100
info@cpafirm.com

Expat tax expertise, worldwide. Simplifying complexity, so your global finances work effortlessly.

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