Waseem has $103,000 total taxable income, which includes $11,000 of taxable income from India. He paid $4,000 in foreign income taxes and his U.S. tax liability is $21,610. Waseem's foreign tax credit is: (Do not round interim calculations)
A. $4,000.
B. $0.
C. $2,308.
D. $2,200.
Answer: C
Business
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