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Foreign tax credit not being reflected
Hello,
I am using turbotax desktop. I recently sold property in India for capital gains as calculated by Turbotax and increasing tax liability by $30000.
Now, I already paid around $22000 capital gains to the Indian govt, when i add this foreign tax credit, i expect my liability to go down by $22000, but it only goes down by $8000, what am i doing wrong?
March 26, 2025
5:17 PM