Deductions & credits

Hello PK, 

Thanks for your response. I file 1040-SR returns and am a retired, senior permanent resident. 

 

(a) has been carried forward from previous tax years

(b) Worldwide income is $34K, and most of it is foreign income.

(c) foreign taxes paid in 2021 is $3200

(d) Not sure what is the safe harbor limit. Filing Form 1116 as a continuation from previous years. 

(e) India 

(f) Combination of Long term and short term capital gains. No US asset sales in 2021.