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Get your taxes done using TurboTax
When reporting the amount of Foreign Dividends in the Foreign Tax Credit section, you're not reporting the income again (it's already reported in the dividend section). The amount you enter in the FTC section is just to relate the foreign tax paid with an income amount (no double counting).
The FTC is a complex calculation and includes many items on your overall return. The goals is to reduce your US tax for the foreign tax you paid, Any foreign tax credit you can't take (again, per the calculations), is carried over.
Here's more info on Claiming the Foreign Tax Credit.
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a week ago