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- 12:52, 29 August 2026 RoccoAnn801089 talk contribs created page 5,100 Good Catch-Up From The Taxes Straight Away! (Created page with "A credit is allowed for foreign income taxes paid or accrued. The credit is limited to that particular part of U.S. tax due to foreign source income. It isn't refundable, but any excess credit end up being the carried to other years to reduce tax.<br><br>10% (8.55% for healthcare and 1.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.9...")