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Deductions & credits
If you didn't pay the foreign tax in TY2020 but still owe the tax, you can select the "accrued" basis. But once you make that selection, you must credit foreign taxes in the year they accrue on all future returns.
If there is no tax paid or owed, then there is no need to fill out form 1116.
‎February 21, 2021
2:58 AM