Hi everyone,
I'm a US citizen married, filing jointly, and both my husband and I only earned income in The Netherlands in 2024. We want to claim the foreign tax credit, but are a bit confused about where to enter our foreign earned income - in form 1040 and form 1116? We are not claiming FEIE, only FTC, no US source income, and as I understand it, all of our salary is US taxable. I'm just confused because admittedly I am late in filing 2023 taxes (I am owed, I do not owe), and when I finished those it was all "fine", but now it says I owe a couple of thousand dollars. The only difference is that for 2024 I have vested RSUs (not sold) that I am reporting, but the salary amount, and the foreign taxes paid amount is the same. What am I missing or doing wrong?
