Thank you, Dave. But, I am confused why I have always received the full foreign tax credit, in past years, reported by Fidelity and Vanguard. I understand that all past years have been below the $600 threshold, but the limits you describe apply no matter what the foreign tax credit, do they not?
If the limits you describe only apply if one is over $600 (joint return), then I wish I could only report one of the mutual funds foreign tax credit ($513), then I could receive a much larger credit! I hope what I am suggesting makes sense.
Again, thank you.
