The US Internal Revenue Service (IRS) has released the 2014 revision of Publication 514 (Foreign Tax Credit for Individuals). The publication of 24 January 2014 is intended for use in preparing 2013 tax returns.
Publication 514 explains the provisions of US federal income tax law that apply to US citizens and resident aliens who paid or accrued taxes to a foreign country on foreign source income and intend to take a US credit or itemized deduction for such taxes.
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