If you paid taxes to a foreign country, either directly or through a conduit such as a mutual fund, you may be entitled to a tax credit. Generally you have the option of claiming foreign taxes as an itemized deduction on Schedule A, or claiming the foreign tax credit on Form 1116.

Form 1116, Foreign Tax Credit

The file is in Adobe portable document format (PDF), which requires the use of Adobe Acrobat Reader.

For background information as well as information on related topics, see our discussion of the Foreign Tax Credit.