Deductions & credits

Yes, you may be able to claim the foreign tax credit without filing Form 1116, if 

• Your total creditable foreign taxes aren't more than $300 ($600 if married filing a joint return).
• This election isn't available to estates or trusts.
• From Page 1 Election To Claim the Foreign Tax Credit Without Filing Form 1116

This has not changed.

Yes you can use Various.

• You don't need to report income passed through from a mutual fund or other regulated investment company (RIC) on a country-by-country basis.
  • Total all income, in the applicable category, passed through from the mutual fund or other RIC and enter the total in a single column in Part I. Enter “RIC” on line i.  If this doesn't work you can use Various.
  • Total all foreign taxes passed through and enter the total on a single line in Part II for the applicable category.
  • Because computations for inclusions under section 951A are reported on separate Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income, you don’t need to report those inclusions on a country-by-country basis.
  • Enter the total inclusion in a single column in Part l and enter “951A” on line i.
• From page 15 Tip Election To Claim the Foreign Tax Credit Without Filing Form 1116