What would you do about foreign tax credit calculation?

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Started by RealtorJim_27 · Apr 4, 2025 · 594 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
RE
RealtorJim_27 OP

Tbh has anyone dealt with something like this? I'm not sure what my options are.

foreign tax credit calculation. I've been dealing with this for about 3 months now and the situation isn't improving.

I have already done some research online but the other party is not cooperating.

Should I hire a lawyer for this or try to handle it myself?

KB
katelyn.b_16

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

PA
practical_advice_27

Real talk: i work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle smh.

SO
sustained_overruled

Not a lawyer, but I have direct experience with this.

What trips people up most is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

QQ
quick_question_32

Thanks for sharing. Dealing with something similar myself.

SR
stressed_renter_58 Attorney

Thanks for the update OP. Glad things are moving forward.