Thomas M, thank you for the response. I am understanding more, but still have confusion.
First, what IRS form is the example entry screen you show? I see IRS Form 1116 in current print version of the TT return, and it does not have this particular entry, "You reported $X of total income from (Company Name). How much of ..... "
I seems that the current TT Form 1116 is wrong in that it shows the $667 we paid for foreign tax on Form 1116 line 1as the gross foreign income. This $667 is treated as foreign income on the rest of Form 1116. It is not; it is the foreign tax paid!
Somehow, TT is taking the foreign tax paid and saying it is income. I do see from the 1099-DIVs that the total foreign income is about $6,858. Can I even over-ride TT in completing this Form?? I sure don't want to try that.
Does this help to understand where I am going wrong? Thank you!
