Deductions & credits

It does not go on sch C. If you are excluding the income on Form 2555, then you would not receive credit for tax paid on Form 1116.

If you are including the income on Sch C, no fomr 2555, then just add the Form 1116. Follow these steps:

1. Open your return and jump to foreign tax credit - enter exactly that way
2. Answer/ continue
3. Deduction or credit - most claim the credit
4. continue
5. simplified limitation may be offered to you- select your answer, continue
6. continue to Choose the Income Type
7. Select General category income for your sch C business, continue
8. Enter the country
9. continue
10. description of income and gross amount in USD
11. enter expenses and amount and deduct from gross income
12. continue
13. explain relation of expenses to income
14. continue, continue
15. select no, enter foreign taxes paid on Other Income
16. continue
17. done

@roykelly