Carlotta Has $50,000 Foreign-Source Income and $150,000 Worldwide Income

question 97

Multiple Choice

Carlotta has $50,000 foreign-source income and $150,000 worldwide income.Her U.S.tax on her worldwide income is $30,175,and she paid foreign taxes of $9,000.What is the Carlotta's foreign tax credit?

• A)$3,000
• B)$9,000
• C)$10,058
• D)$30,290