No. If you enter the tax in the manner you suggest, this tells the IRS that these are US and not foreign taxes paid. Foreign taxes paid are handled differently because of the manner that the Foreign Tax Credit is calculated and reported in your return. Here is a step by step guide on how to enter.
- Open (continue) your return in TurboTax
- Enter all your foreign income in Wages & Income if you haven't already
- Select Search, enter foreign tax credit and select Jump to foreign tax credit
- Or go to Deductions & Credits, and select Start next to Foreign Tax Credit under Estimates and Other Taxes Paid
- When you reach the screen Do You Want the Deduction or the Credit? select the option you prefer for your situation
- If you select Take a Credit:
- Select Continue on the next screen, then select No to fill out Form 1116
- When you reach the screen Country Summary, select Add a Country
- Answer the questions about your foreign income, taxes, and expenses on the following screens
- When finished, you'll be taken back to the Country Summary screen. If you have income from other countries to enter, select Add a Country. Otherwise, select Done
- Answer the questions on the following screens until you reach your Foreign Tax Credit Summary. If you’re finished with this section, select Done
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