My dividends from Schedule B are 16,822. The dollar amount TT put on line 1c of the Foreign Tax Credit Worksheet is 4,070. This is the amount of my Total Foreign Income. This should be on Line 1a (with the required adjustment) and on Line 1f (which is actually correct).
For a separate issue with TT filling out the forms incorrectly, Schedule A of Form 8995-A has the decimal point in the wrong spot for Lines 9 & 10. Line 9 s/b 0.1988 (TT has .001988) and Line 10 s/b 80.12% (TT has 0.8012%).
If you use their Line 10 to calculate Line 11, you would get 616 x 0.8012% = $4.94. If you use the correct numbers, you get 616 x 80.12% = $494. Miraculously, they put the correct number of $494 on line 11 because they brought it over from their Qualified Business Income Component Worksheet where they had the correct reduction ratio of 0.1988 and applicable percentage of 0.8012.
But that doesn't fix the problem that the numbers they have on my SCH A of Form 8995-A are incorrect.
