Expatax Guide

Credits & Deductions

Foreign tax credits, child tax credit from abroad, and treaty-based positions that reduce or eliminate U.S. tax.

  1. 01
    The Child Tax Credit from abroad
    U.S.-citizen kids living overseas can still qualify their parents for the Child Tax Credit — and a refundable portion worth up to $1,700 per child. Here's the eligibility rules, the FEIE conflict, and why this often tips the FEIE-vs-FTC decision.
    8 min read104088122555
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  2. 02
    The Foreign Tax Credit (Form 1116), explained
    Form 1116 lets you credit foreign income taxes you've already paid against your U.S. tax bill — dollar for dollar. Here's how it works, the basket rules that trip everyone up, and the 10-year carryforward most filers miss.
    10 min read111610402555
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