@Gregbert
Thanks Greg - I am glad we connected, as expertise on international taxes is rare, and I think we the brave self-service expats, should band together to share knowledge.
I went through all the steps - and generated the PDF return to review - and checked-out everything and all looks well.
Except Form 1116, Line 3e, which looked weird. It is called "Gross income from all sources" and was high. As I read about it, I see it includes capital gains without any losses substracted, and other income without any deductions for expenses. Its a bit strange - if one traded a lot of stocks and had gains and losses, then excluding the losses would show a big "gross income". If I add back all losses (on stocks) and all expenses (on rental income), I get something close to what TurboTax computed. Did you find that - and also feel comfortable that its all explainable from the definition?
From IRS: "For lines 3d and 3e, gross income means the total of your gross receipts (reduced by cost of goods sold), total capital and ordinary gains (before subtracting any losses), and all other income (before subtracting any deductions)."
Almost there man!
