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How can I claim a Foreign Tax Credit without completing a Form 1116? See "Election To Claim the Foreign Tax Credit Without Filing Form 1116" in the Form's Instructions
The Instructions indicate the following
You may be able to claim the foreign tax credit without filing Form 1116. By making this election, the foreign tax credit limitation (lines 15 through 23 of the form) won't apply to you.
You may be able to claim the foreign tax credit without filing Form 1116. By making this election, the foreign tax credit limitation (lines 15 through 23 of the form) won't apply to you.
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March 11, 2024
1:55 PM