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Deductions & credits
this can be complicated since the gain for the US FTC may have to be reduced depending on what US Federal income taxes you pay on the gain. It is possible you will owe $0 US taxes before the FTC (the capital gain falls into the 0% US tax bracket) then you get $0 FTC only a carryforward. the type is passive and you must complete
the 1116 carefully.
see this link where I give step by step instructions
‎November 19, 2021
12:27 AM
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