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• 13:45, 22 August 2025 CurtisJ07740 talk contribs created page 3 Areas Of Taxes For Online Businesses (Created page with "<br>A credit is allowed for foreign income taxes paid or accrued. The financial lending is limited to that particular part of You.S. tax due to foreign source income. It's not at all refundable, but any excess credit become carried to other years to reduce tax.<br><br>A personal exemption reduces your taxable income so you end up paying lower taxes. You might be even luckier if the exemption brings you to a lower tax bracket. For the year 2010 it is $3650 per person, equ...")