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How do we calculate the Adjusted basis of investment assets generating foreign income on FORM 1116 ?
There is a dividend income and interest income on saving accounts that I have from the foreign country and because of this TT ia asking me to provide Adjusted basis of investment assets generating foreign income and Adjusted basis of total investment assets on FORM 1116 . Can someone help me how to calculate this ?
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‎April 11, 2021
10:31 AM