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Deductions & credits
Revisit the foreign tax credit interview. When you get to the screen that asks for "Other Gross Income -Country", insert a zero, not the $170K. That is because it states not to include income reported on form 2555. Thus line 1a in the foreign tax credit worksheet will be zero and the $58K on line 1e will then appear on line 1a of form 1116.
‎April 10, 2021
3:04 AM