Thank you very much for the reply - I'm, struggling to get this passive income 1116 form generated for 2 days in a row, taking heart medicine by now, probably I need to take a break from taxes 🙂
I am using Foreign Tax Credit route - it's way better in my situation. I have lost my special tax status Jan. 1, 2024, so now need to pay taxes on US interest and dividends in Belgium, which makes my situation untenable.
In this case Belgian wages go into General Income form 1116, which is generated fine.
But credit for Belgian 30% tax paid on US interest and dividends needs to go on Passive Income form 1116 and turbo tax refuses to generate it. I tried so many different ways and advices, nothing really works, TurboTax puts everything on one 1116 form, which is then unusable.
Would appreciate any suggestion what can be done in this pretty standard situation and I blame TurboTax for it, obviously.
