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I put the sale of a property in India as income. I paid foreign tax on it. Where do I enter that I paid this foreign tax? Foreign tax credit says I had no foreign income.
Under the income section, I put in that I sold land (which happens to be in India), which resulted in capital gains.
I have paid tax in India on that property already, and I need to enter that to get a Foreign Tax Credit, but when I go to that section, it says I have no foreign income (there was nowhere to mark under the land sale portion of turbotax that it was foreign land), so I can't get a foreign tax credit.
It seems like I have to somehow tell turbotax that the income is foreign, which I don't see how to do, or there is another way to enter that I paid foreign tax in the deductions section, but I don't see that.
Anybody know what the correct procedure is here?
I have paid tax in India on that property already, and I need to enter that to get a Foreign Tax Credit, but when I go to that section, it says I have no foreign income (there was nowhere to mark under the land sale portion of turbotax that it was foreign land), so I can't get a foreign tax credit.
It seems like I have to somehow tell turbotax that the income is foreign, which I don't see how to do, or there is another way to enter that I paid foreign tax in the deductions section, but I don't see that.
Anybody know what the correct procedure is here?
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‎April 24, 2021
3:45 PM