Hi pk,
Thank you for your response. I'm sorry that it took me a while to reply to you.
To answer to your inquiries : This is my situation
(a) type ( INT / DIV/ Rent/ etc )
(Japan) (INT) $324 Bank Interest Income / $65 Tax paid
(Japan) (RENT) $6500 Rental Land Income / $0 Tax paid
(Various) (DIV) $2060 Dividends Income / $46 Tax paid (**1099DIV from TDAmeritrade Investment ETF etc)
(b) total foreign income --Gross in US $ 6824 (324+6500) in Japan
(c) taxes paid --- in US$ $111 (65+46)
(d) country --( Japan/ various /etc ) Japan and Various
(e) for the land rental ( already reported on schedule-E ) $7500 received from Renter - $500 Management Fees - $ 500 Property tax=$6500 Net Profit
Total income in US$ $ 45300
Total expenses in US$ ( management, property taxes , etc, ).
(f) Carry-Over foreign tax credit from 2020 from Federal carry over worksheet or from form 1116. $4632
I have tried to ask CPAs about this issues. I will post their opinions here when I get them too.
Thank you!
