You will need to make two entries. The first is to enter the income. The second is to go to 'Deductions and Credits' in your federal return and scroll down to 'Estimates and Other Taxes Paid'. Click start next to foreign tax credit and enter the foreign taxes that you paid there. It's a lot of questions (and you'll have to enter the foreign income there as well) but it'll get you that credit.
@sanjay
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