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Deductions & credits
In follow-up, are you really telling me that the "Gross Income From All Sources" number listed by TT on Line 3e of Form 1116 can in fact be an amount Greater than my "Total Income" number calculated by TT? I can't see how that can ever be possible. I'm curious, since you refer to your own circumstance for this Line 3e data being correct, is this number also Greater than your Total Income number? I'm of the understanding that my Total Income number is already inclusive of ALL Income, from ALL sources, and before any credits and/or deductions, so belief that the Line 3e number should thus be equal to, but not greater than my Total Income number. What am I missing?
‎February 27, 2023
7:21 AM