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FORM JVAT 113

FORM JVAT 113

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Instructions and help about FORM JVAT 113

what on earth is the foreign tax credit report form 1116 and how does it save you tax in america on your foreign earnings and income well check out this video as i explain all okay guys so now what i want to talk to you about is the foreign tax credit what is it and how do you make sure that you do not pay tax in america so you could be an american that is living or investing in the united kingdom or any other country for that matter or you could be british and still have income in the uk but now residing in the us and you are tax resident there as well you don't want to be double taxed so this foreign tax credit could be useful anyone watching could you use this video uh could it be useful for you if you're in a different country other than the uk well clearly you can but you just need to be mindful i am going to be quite specific specific put my teeth in and you might be able to understand me um so let's go through this particular form what is it well it's a form 1116. in highlight

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