Deductions & credits

It appears this behavior persists in TurboTax for tax year 2022. If I enter the tax paid on the 1099-DIV in TurboTax as it is shown on the 1099-DIV I received from the brokerage, TurboTax uses the entire amount as the foreign tax credit amount. The result is the same even if I choose Germany as the source country of the income.