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- 12:45, 1 November 2026 Porter01L51072 talk contribs created page Crime Pays But You To Pay Taxes On It (Created page with "<br>A credit is allowed for foreign income taxes paid or accrued. The finance is limited special part of You.S. tax due to foreign source income. It's not refundable, but any excess credit become carried to other years to reduce tax. If mom and her spouse each put 6000 dollars to the 401k account, that would cut back your annual taxable income by ten thousand dollars. Which means that your adjusted gross earnings are $66 500. That will yield a substantial tax benefits.<b...")