Deductions & credits

Thank you ReneeM7122 for that detailed instructions.

 

I have a few questions. 

 

1)  Do we enter the net sales proceeds (after the capital gain tax paid in the Philippines)?  

2)  If not, then would you mind assisting in how to enter the foreign tax credit?  It was asking me to choose between itemized deduction or take a credit?  The Capital Gain Tax I paid was $15,000 from the sale of a property.

 

Thanks!