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Topic: CAN Natl Insurance or COuncil tax be an itemized deductions or added to 1116  (Read 1638 times)

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CAN Natl Insurance or COuncil tax be an itemized deductions or added to 1116
« on: April 04, 2006, 09:09:12 PM »
I doubt it but wondered if anyone is definate on this one.   Does anyone know if you do anything special with house interst on itemised deduction?
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Re: CAN Natl Insurance or COuncil tax be an itemized deductions or added to 1116
« Reply #1 on: April 04, 2006, 10:34:21 PM »
National Insurance - no, it's treated the same as the social security tax that's withheld in the US.
Council Tax - no, it's not a real estate tax, a personal property tax, or an income tax.
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Liz Z i t z o w, EA
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Re: CAN Natl Insurance or COuncil tax be an itemized deductions or added to 1116
« Reply #2 on: April 05, 2006, 07:58:24 AM »
Quote from: Lizzit on April 04, 2006, 10:34:21 PM
National Insurance - no, it's treated the same as the social security tax that's withheld in the US.
Council Tax - no, it's not a real estate tax, a personal property tax, or an income tax.

THANKS FOR THE REALITY CHECK -- I NEVER THOUGHT I WOULD YEARN FOR STATE, LOCAL or REAL ESTATE TAX SO I COULD PUT IT DOWN AS A DEDUCTION! :) 
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Re: CAN Natl Insurance or COuncil tax be an itemized deductions or added to 1116
« Reply #3 on: April 05, 2006, 09:48:29 AM »
I am not clear why you need deductions since the combination of the foreign earned income exclusion and foreign tax credits usually eliminate US tax bills for most employees?
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