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Do I need to file a 1116 (or 1116 Carryover Statement) even with no foreign earned income?
I have previously been working overseas for many years as an expat.
In 2021, I had no earned income overseas and thus no foreign tax paid.
Do I need to continue to file Form 1116 or Form 1116 Carryover Statement in order to "keep track" of foreign tax credits in case I am able to use them in a future year?
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March 9, 2022
7:52 AM