With regard to form 4952, the interest expense in part 1 must be greater than the investment income in part 2 in order to populate line 4g. The details are worked out in the "Special Election Smart Worksheet." The amount TT inserts in 4g will appear in the Schedule D Tax Worksheet line 3.
With regard to form 1116. TT will adjust the qualified dividends starting at 20k. In Forms Mode, bring up the f1116 worksheet. Line g,1, k "Adjustment required for QD/LTCG" contains the amount adjusted. Put the pointer over the cell and right click. On the box that appears, click on Override. Then delete the entry. Line 1m will then display the same amount as 1f and will convey this to f1116 line 1a.
