Hi pk,
This is a critical piece of info, that I cannot claim foreign taxes for 2023 on taxes paid for the 2022 tax year. I didn't see that anywhere in the IRS info. Blurg. So if I want to use the FTC, I must find out what my Portuguese tax bill will be this year.
I still wonder about form 1116, declaring US income as re-sourced to Portugal under the treaty. So if my US return says $100K in US income, then I put that same $100K again on form 1116? And it won't look like $200K in total income? Not sure if you know the answer to this, but anyway, you are so kind to take the time to share all this information with me. Thank you very much!
Luise
