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Los Angeles California Form 673: What You Should Know

Form 673 | IRS Form 673 is IRS Form 8621, Return of Income from a Foreign Place to Report Wages, Deductions, etc. (Nonresident). This form may be completed by an individual (or sole proprietor or partnership for domestic corporation) or the foreign entity for a domestic corporation. IRS Information Release (IRS-2017-9) IRS-2017-16 Form 673 | IR-2017-30 You are allowed a deduction of 25% of foreign income tax paid if you are an eligible individual if: Foreign Source Deductions To claim a foreign source deduction, you must have a U.S.

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