{
  "id": "ELEC_FTC_VS_DEDUCTION",
  "name": "Election to Credit Foreign Taxes",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Any taxpayer with qualified foreign tax expenses who files a timely claim or return electing the credit.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Taxpayers can elect annually to treat foreign taxes as a credit rather than a deduction; credits are generally more valuable as they reduce tax liability directly rather than reducing taxable income.",
  "irc_reference": "IRC §901(a)",
  "deadline": "",
  "savings_potential": "high",
  "benefits": "individual|business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}