CCH Personal Tax
Foreign Business Tax Relief
This document provides a step-by-step guide for businesses to claim foreign tax relief by credit on their tax return. It outlines the necessary steps, including accessing the relevant section, entering the business name, selecting the country where tax was paid, and providing details such as gross profit and total foreign tax paid. The final step involves saving and closing the entry.
CCH Personal Tax
Community Investment Tax Relief
This document provides step-by-step instructions for completing the Community Investment Tax Relief tab. It outlines how to enter the name of the Community Development Finance Institution (CDFI), report current and previous investment amounts, and include the issue date for the CDFI. Users are guided to save their entries upon completion.