@mhyong , the foreign income has already been entered as total dividend from your 1099s. The only part you will have to enter is the foreign earned income on form 1116.
(a) if your itemized deduction can handle i.e.. can sustain the increase of $1532 and the result is higher than your standard deduction, then that path would be better.
(b) if not , then you need to go to "Deductions and Credits" tab, select "I will choose....." and then from the drop down list of deductions & credits, near the bottom, select "Foreign Tax credit" --- this will take you to the worksheet for form 1116 --- you can choose deduction ( as mentioned above ) or credit -- you have make sure that the Form 1116 gets not only the foreign taxes paid but also the foreign source income ( from your brokers' sheet details ).
Hope this helps . Is there more help you need at this time ?
pk
