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Get your taxes done using TurboTax
As a rule of thumb, it is recommended that you use the simplified method if the income is of general category such as wages and interest income. If you had income from trusts or really complex financial portfolios, then you would use the general method.
I only mention this as a guideline because in truth, you really don't know how this was reported unless you can get a copy of your 2014 and 2015 tax return. It has been my experience though that most taxpayers use the simplified method in reporting their foreign tax credit and if you need to make a choice, this may be a safe choice.
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‎February 12, 2024
8:42 AM