Question: Exercise 12-17 (Algorithmic) (LO. 4) In 2023 , Henri, a U.S, citizen and calendar year taxpayer, reports $28,400 of income from France, which imposes a
Exercise 12-17 (Algorithmic) (LO. 4) In 2023 , Henri, a U.S, citizen and calendar year taxpayer, reports $28,400 of income from France, which imposes a 10% income tax, and $46,500 from Italy, which imposes a 40% tax, In addition, Henn reports taxable income of $94,500 from within the United 5tates. Henri is married filing a joint return, and his U.S, tax before the foreign tax credit is $28,798. Do not round your intermediate computations. Round your final answer to the nearest dollar. Determine the amount of Henri's foreign tax credit
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