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Form 8839
A tax form used by U.S. taxpayers to claim qualified adoption expenses, including attorney fees, court costs, and traveling expenses directly related to the legal adoption of a child.
Foreign Tax Credit
A tax credit that offsets the double taxation of income earned abroad, allowing taxpayers to credit foreign taxes paid against their U.S. tax liability.
Taxable Income
The amount of an individual's or corporation's income that is used to determine how much tax is owed to the federal government.
Foreign Income Taxes
Taxes paid to a foreign government for income earned in the foreign country.
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