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Deductions & credits
Nothing should be removed when you go back to the 1116. You should be able to select the Foreign Tax Credit and enter up to 3 countries for the same income category. If you have income from different categories, you must complete one form before starting with another type of income.
This means you start with one type of income, enter the first country, complete it, then enter the second and third countries, if applicable. Next, you enter the new income category type, repeat by going completely through the first country.
Review any carryover and adjustment along the way.
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March 1, 2023
11:14 AM