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Get your taxes done using TurboTax
I know that what you state below is true, but on which worksheet and with what logic does TurboTax calculate "U.S. tax liability on the foreign income"? I can't seem to find any completed "income" fields on the single "Passive Income" form 1116 I have completed for the total dividend income from the 1099s and two K-1s that I connect to it because I paid the Foreign Tax on these dividends via those accounts. All I see
March 16, 2021
6:26 PM