- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
No this is not gross income in form 1116. Instead it is an income tax paid from a sale of property. You can claim this as a foreign tax paid and add this your other foreign tax that you paid while completing your foreign tax information in your Turbo Tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
May 11, 2021
7:55 PM