@MinhT1 thanks. I was reading the same article and found below info in the article related to foreign income through interest.
Foreign tax credit without Form 1116
Situations exist that allow you to claim the FTC without filing Form 1116, if the income concerned meets the qualifying definition.
For example:
- If all your foreign-taxed income was 1099-reported passive income, such as interest and dividends, you don't need to file Form 1116, provided that any dividends came from stock you owned for at least 16 days.
