vk29
Level 2

Deductions & credits

I have entered Sale in Wages and income - Proceeds and Fair market Value when previous owner passed away. And that difference is $10,000 which will be my Capital Gain in US from that sale.

 

But when entering Foreign Tax Credit - Other Gross Income, do I enter 10,000 (Capital Gain per US laws)  or 50,000 (Capital Gains per India laws)