I am really confused and have a few questions, one quite basic, the others more involved:
- When I report my interest earned from a foreign bank account, do I report the net amount (i.e. minus taxes already paid)?
- Like everyone else, I'm confused about where I actually enter this amount. I went through all the steps for the foreign asset section and then at the question about where it is reported, went with the recommendation to wait for the preview step to see where to report it, but I can't get there because it asks me to "review" that detail?
- I also keep trying to enter the foreign tax credit, but it keeps putting the amount in the wrong place?
Any help is very much appreciated!!
Alison
