Yes, all that is correct. To answer your questions:
1) I am not aware of any limitations, no carry over from previous years or limits
2) Passive (dividends)
3) Various - but majority is from Israel
4) What is HTKO?
I figured out how to get to the screen that asks if I have a carryover from 2022, but when I enter the $1,600 it immediately takes away the ~$500 credit I already have from 2021, which makes no sense. I would have expected either no change if I had hit some limit or TT to accept both credits. The other confusing part is when doing my 2022 taxes on the final foreign tax credit screen that says I have a carryover it says it is ~$800 for a normal/non-Alternative minimum tax return and the $1,600 for an AMT tax return so does that mean I’m triggering AMT or not? It isn’t clear which carryover amount I should be using and I can’t find a screen anywhere that says whether we are paying AMT until after I file and can see the PDF return.
Thanks for your help! I always seem to have one thing each year that is a pain in the butt on this platform!
