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Get your taxes done using TurboTax
Can u please respond to this ?
1. When I was doing foreign credit worksheet - it asked if this is your 1st year you are eligible to make the simplified foreign tax limitation election for AMT purposes -------Choose the best answers and there are 3 options 1. This is the 1st year I am eligible 2. I made election in 2020 or previous year 3. I chose not to use this election prior year --- most likely I have made election in 2020 but how do I confirm ? In 2020 - I filed 1116 and claimed $800 foreign credit but total income was not taxable so it was not used.
2. Also, I am doing this for a relative who is not good with English and is out of USA currently. So I got a CAF no. when she was in USA which was issued in 2018 so I think its still valid but how do I confirm that its still is? and if it is can I efile on her behalf using this CD version of TT ? what additional step I have to take to notify that I am filing on her behalf as CAF/POA
3. If POA is not valid any more what is the other best route to file for her - please note she is not in USA so she can not sign and mail ? @pk @Mike9241 @Anonymous_
4. Btw - we are not worried about declaring as other income (so higher tax ) because her total income is less than std deduction but only filing because want to carry forward foreign tax credit (she paid tax to Indian govt)