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About Publication 514, Foreign Tax Credit for IndividualsPublication 514 discusses the credit or itemized deduction you may be able to take if you paid or accrued foreign taxes to a foreign country on foreign source income and you are subject to U.S. tax on that same income.
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Publication 514, Foreign Tax Credit for Individuals
Publication 514, Foreign Tax Credit for Individuals, explains that you may be able to take either a credit or an itemized deduction for foreign taxes. Taken as a deduction, foreign income taxes reduce your U.S. taxable income. Taken as a credit, foreign income taxes reduce your U.S. tax liability.
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