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How do I determine total investment assets on Form 1116 so I can allocate investment income expense to foreign income?
Complete Check stops me at: Form 1116: foreign tax credit comp wks: adj basis of tot inv ast must be entered. This is to create the ratio to allocate $70 of investment interest expense to foreign income. How do I determine adjusted basis of total investment assets?
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‎June 1, 2019
12:29 PM