pk
Level 15
Level 15

Deductions & credits

@TommyMo , I hope I am reading you correctly ---- recognize that the foreign tax credit is a Non-Refundable Credit i.e. it  can only reduce your tax liability but not below zero .  Thus  if  your tax liability is $300 and the foreign tax  paid  was   entered as  $600 --- your  total tax liability would be reduced to ZERO  ( not a refund of $300 ).

  Does that make sense ?