I believe this form is needed for claiming credit for foreign taxes paid on dividends. Can anyone correct me if I'm wrong please?
reply:
I think it's the other way around. The result of your foreign tax credit form is fed into Form 3800, and I believe in effect limits the amount of general business credit you can take. I'm just a neophyte at this, but that's what I think I learned studying my 2022 taxes which were completed by a CPA.
