jde-utx
New Member

Deductions & credits

By the way, I see this response that the value on the Foreign Tax Credit Computation Worksheet, line 1f is added to the value in line 45 of Form 2555.  Doesn't seem correct though, that the full unadjusted amount is added to the amount by which the income is adjusted (in my case all of it), and that sum is put forward in line 3d of form 1116.  The net result is that the income from foreign sources is higher than the income from all sources, the latter of which should be a superset.  I don't see a corrective action for this.