Thanks for the link. I likely will be able to utilize FTC, so another reason to hold in taxable.Tax-efficiency of international depends on your personal tax brackets. If you are in a low-tax bracket (say 0%), then the foreign tax credit is free money to you if you play your cards tax-return right. Note that 0% tax rate without a foreign tax credit will not get you any foreign tax credit, so you will need to make sure you have at least the FTC in federal taxes to get the entire credit that would be offset.I have just moved some funds into IEFA (iShares foreign blend ETF) in a taxable account. [...]
What does your running of the tax-efficiency spreadsheet tell you for your personal situation with 2023 input data?
Thanks all for this feedback on my question.
Statistics: Posted by CloseEnough — Fri Feb 09, 2024 3:33 pm