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Mr. Ayuba is single and a U.S. citizen. His only income for 2016 is U.S....

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Accounting

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Mr. Ayuba is single and a U.S. citizen. His only income for 2016 is U.S. wages of $57,000 and $1,077 of qualified foreign dividends. He paid $425 in foreign taxes. If he claims the standard deduction, what amount of Foreign Tax Credit may he claim in 2016? A. $143 B. $175 C. $262 D. $425

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