Brian and Clara paid $4,350 in foreign income taxes to Mexico. Their total income was $105,000, which included $16,000 of foreign income. Their U. S. tax liability is $22,750. How much can Brian and Clara claim as foreign tax credit

$3,467

Explanation:

Calculation for How much can Brian and Clara claim as foreign tax credit

Using this formula

Foreign tax credit=(Foreign income/Total income)×U.S. tax liability

Let plug in the formula

Foreign tax credit=($16,000/$105,000) x $22,750

Foreign tax credit=0.15238095×$22,750

Foreign tax credit= $3,467

Therefore the amount that Brian and Clara can claim as foreign tax credit will be $3,467

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer/// randomly assign the participants to the   conditions