DaveF1006
Expert Alumni

Deductions & credits

iI depends. I have this Turbo Tax article by Champ pk that says if your foreign income is of general category ( wages, interest income  etc. ) then use the simplified method.  If you have incomes  from many categorys, including trusts, complicated investment portfolios  etc. and / or multi category carry over credits, do not choose simplified method.

 

If you don't remember using it in the past, use whatever method described above based on your foreign income type.  If it is diversified, then do not use the simplified method

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"