How are foreign taxes that an S corporation pays treated: a.they are aggregated on Form 1120S b.the...

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Accounting

How are foreign taxes that an S corporation pays treated: a.they are aggregated on Form 1120S b.the shareholder deducts them as an itemized deduction of their Form 1040, Schedule A c.the shareholder claims a foreign tax credit on Form 1116 d.the shareholder can treat them as either B or C above

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