Foreign Tax Credit: Claiming a US Tax Credit or Deduction for ...
You may claim the Foreign Tax Credit for taxes paid in a foreign country. However, you may not claim a tax credit for taxes paid on any income which has been .
http://taxes.about.com/od/taxhelp/a/ForeignTaxCred.htm

Understanding tax credits vs. tax deductions - Managing Your Money
Jan 27, 2012 . Can you explain the difference between a tax credit and a tax deduction and how they affect a person's tax return? As most taxpayers prepare .
http://www.boston.com/business/personalfinance/managingyourmoney/archives/2012/01/understanding_t.html

Tax Credit vs. Deduction
Mar 19, 2007 . I could never figure out the difference between a tax credit and a tax deduction. I would appreciate some clarification on this subject. Thanks.
http://www.kiplinger.com/columns/ask/archive/2007/q0319.htm

Tax Deduction vs. Tax Credit | Tax Break: The TurboTax Blog
Nov 17, 2009 . As we near the end of the year, you'll probably see a lot of websites talk about some smart year-end tax moves you should make. All of the tips .
http://blog.turbotax.intuit.com/2009/11/17/tax-deduction-vs-tax-credit/

What's the difference between tax deductions and tax credits?
Tax deductions and tax credits can both reduce an individual's income tax liability , . An individual tax filer has the choice of claiming the standard deduction or .
http://www.taxpolicycenter.org/briefing-book/background/issues/credits.cfm