Whoops - Correction: The correct manual entry summing the the two K-1's Part III Beneficiary Share "Qualified dividends' (line 2b) into the Form 1116 "Comp Wks". Part I - Taxable Income (Loss) for line g, Column A for country "Various" need to be for only the Gross Income dividends for those various countries (not the total dividends from all companies). This number is not directly provided to me on the K-1s in a specific line 14 entry (thus not entered by me yet) but is provided to me by each K-1 administrator as additional "Foreign Tax Credit Information. This explains why Turbotax does not "know" to sum it into to Part I - Taxable Income (Loss) for line g, Column A for country "Various". Though not as large, it still makes a huge difference in my utilized foreign tax credit.
