Deductions & credits

I think I figured this out.  The form 1116 comp worksheet showed the $8 foreign tax paid, but evidently this is only for foreign taxed not already included in the 1099-DIV.   Consequently, this resulted in double dipping.

When I deleted this entry on the 1116 comp worksheet my foreign tax credit dropped to $8 like it should.

 

Thank,

Steve

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