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Deductions & credits
Thank you for the details, very helpful.
I tried asking for foreign tax credit or deduction since this is foreign source income that is being taxed by both US and India. But TurboTax only shows this option - “foreign earned income” and includes wages and business income made while working in another country. It is asking for info from 1099-b/div/int or K-1.
But this property sales doesn't fall in any of the above.
Please advise.
October 12, 2022
11:23 PM