Further to my previous posts on this topic....
On the Tax & Int Wks, TT calculates the Total Available Income on Line 1a(5) for determining the General Sales Tax deduction. I understand this calculation but note that TT has an error on Line 1a(1) where they reference Form 1040 Line 7. The correct reference should be Line 11. In the calculation of Total Available Income, the correct value is used, it's just the worksheet reference that is incorrect (TT, you need better proofreaders and quality control).
The Gross Income from All Sources used to calculate the foreign tax credit on Form 1116 is $11,466 higher than the Total Available Income. It seems like they should be the same. I am still not able to back into the TT-calculated amount. And, of course, the higher the Total available Income, the larger the deduction, while the higher the Gross Income from All Sources, the lower the Foreign Tax Credit. Both calculations are opposite of what you want to minimize taxes.
Too bad TT does not respond to these obvious problems in the software.
