If my USA IRA makes an investment in the UK, and the UK withholds income taxes on that investment, can those UK taxes be used on my 1040 form 1116 to offset my USA income taxes? I believe that there is a tax treaty between USA and UK, so non-IRA UK taxes can be used on form 1116. Does it matter if the USA IRA is regular or Roth?
- posted
5 months ago