@JimBob6 , 1. why are you filling out form 1116 --- because of foreign capital gain that has been taxed by a foreign country / dividend earned being taxed by a foreign govt or what ? 2. is the amount of foreign taxes paid for the year more that the safe haven amount ( $300 for single / $600 for joint filer ? ) .
I need more details on the situation to understand the need for the form 1116, including if you have carryover foreign tax credits etc. I am assuming here that you are a US person ( citizen/ Green Card / Resident for tax purposes ). Please help
pk
