Publication 514
Foreign Tax Credit for Individuals

For Use in Preparing 2001 Returns

Important Reminders

Introduction

Topics and Useful Items

Choosing To Take Credit or Deduction

Why Choose the Credit?

Who Can Take the Credit?

What Foreign Taxes Qualify for the Credit?

Foreign Taxes for Which You Cannot Take a Credit

How To Figure the Credit

Carryback and Carryover

How To Claim the Credit

Simple Example -- Filled-In Form 1116

Comprehensive Example -- Filled-In Form 1116

How To Get Tax Help

Worksheet. Additional Foreign Tax Credit on U.S. Income

Worksheet Instructions. Additional Foreign Tax Credit on U.S. Income