This year (2025) I will sell a property in Portugal. According to Portuguese law, the capital gains tax will be known and the funds kept in a Portuguese bank account, but the tax payment will occur in 2026. The Community posts indicate that the sale should be reported on the 2025 tax return but the foreign tax credit must be claimed in 2026 on an amended return if I use the cash basis. I have 2 questions. (1) Amending my 2025 return seems very inefficient; the Portuguese capital gains tax is calculated in 2025 and the money is in the bank. Am I really required to report the capital gains tax in 2026 by amending my 2025 return? (2) If the answer to 1 is "yes", then can I use the accrual method for the sale of the foreign property and , if yes, will the accrual method be required for all future transactions or just foreign ones? Thanks
