Tina has $93,000 total taxable income,which includes $18,000 of taxable income from Japan.She paid $2,200 in foreign income taxes and her U.S.tax liability is $19,610.Tina's foreign tax credit is: (Do not round interim calculations)

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Tina's foreign tax credit is limited to the U.S. tax liability on her foreign income. To calculate this, divide the foreign income ($18,000) by the total taxable income ($93,000), and then multiply by the total U.S. tax liability ($19,610). This gives ($18,000 / $93,000) * $19,610 = $3,795 as the limit. Since she paid $2,200 in foreign taxes, which is less than the limit, her foreign tax credit is $2,200.

Tina Has $93,000 Total Taxable Income,which Includes $18,000 of Taxable