Deductions & credits

If you hade made the simplified foreign tax limitation election for AMT last year, you should only one Form 1116.  For example, if you only had foreign tax credit on wages in a prior year,  and you did make the simplified election, you would have only one Form 1116 for general limitation income.  

 

But you would have 2 Forms 1116 for general limitation income in your return if you did NOT make the election.  One would be for AMT and the other one would be for regular tax. 

 

Since you have two forms from your prior year, it sounds like you did NOT make the simplified foreign tax limitation election for AMT last year. 

 

@xyliu