{"id":135282,"date":"2024-12-18T01:42:23","date_gmt":"2024-12-18T01:42:23","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/which-states-allow-foreign-tax-credit\/"},"modified":"2024-12-18T01:42:23","modified_gmt":"2024-12-18T01:42:23","slug":"which-states-allow-foreign-tax-credit","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/which-states-allow-foreign-tax-credit\/","title":{"rendered":"Which states allow foreign tax credit?"},"content":{"rendered":"

The states that allow a foreign tax credit are:<\/b>
\n– Alabama
\n– Arkansas
\n– Colorado
\n– Connecticut
\n– Georgia
\n– Hawaii
\n– Idaho
\n– Indiana
\n– Iowa
\n– Kentucky
\n– Louisiana
\n– Maryland
\n– Michigan
\n– Minnesota
\n– Mississippi
\n– Missouri
\n– Montana
\n– Nebraska
\n– North Carolina
\n– North Dakota
\n– Oklahoma
\n– Oregon
\n– Rhode Island
\n– South Carolina
\n– Vermont
\n– West Virginia
\n– Wisconsin<\/p>\n

Foreign tax credits are a way for taxpayers to avoid double taxation on income earned outside their home country. The federal government allows foreign tax credits on income taxed by foreign countries, and some states have followed suit.<\/p>\n

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