perhaps you meet the adjustment exception
Adjustment exception for Form 1040 or 1040-SR filers. You qualify for the adjustment exception if you meet
both of the following requirements.
1. Line 5 of the Qualified Dividends and Capital Gain Tax Worksheet doesn't exceed:
a. $326,600 if married filing jointly or qualifying widow(er),
b. $163,300 if married filing separately,
c. $163,300 if single, or
d. $163,300 if head of household.
2. The amount of your foreign source capital gain distributions, plus the amount of your foreign source
qualified dividends, is less than $20,000. For this purpose, ignore any capital gain distributions or qualified
dividends you elected to include on Form 4952, line 4g.
if not, i don't think it's capable of doing the calculation. Your calculation may not comply with the law.
How to make adjustments - line 1a. To adjust your foreign source qualified dividends
or capital gain distributions, multiply your foreign source qualified dividends or capital gain distributions in each separate category
by 0.4054 for the foreign source qualified dividends or capital gain distributions taxed at a rate of 15%,
by 0.5405 for those taxed at a 20% rate.
include the total on line 1a of the applicable Form 1116.
for those taxed at 0% exclude them from line 1a
this can result in a substantial FTC carryover that may never be used.
