It's confusing that you write: "you would have 2 Forms 1116 for each type of income, one for regular tax and one for AMT tax." The second half of the sentence makes it seem like there's one form for each type, but I think you mean: "you would have 2 Forms 1116 for each type of income -- that is, four forms total, two for regular tax and two for AMT tax." Unless what you meant to say was "you would have *one* Form 1116 for each type of income, one for regular tax and one for AMT tax -- two forms total".
